Rishabh was filing his income tax returns for the first time on his own. He was thus confused about the treatment of his life insurance policies. He had a term insurance plan of Rs 1 crore for which he paid a premium of Rs 12,000 every year. Moreover, he had also...
sking to differentiate between a term plan and a life insurance plan is like asking to differentiate between a lipstick and a cosmetic. Can you tell me the difference? Well, your obvious answer would be that a lipstick is a type of cosmetic, correct? Similar holds true in case...
Life insurance is a safeguard against financial deficiency at the time of insured Individual’s death. Practically, life insurance grants you and your family the financial security. It also provides you assurance to deal with any unforeseen events. Life insurance is preferred according to the needs and goals of the...