Should you pay Income Tax on Life Insurance Payouts?

Should you pay Income Tax on Life Insurance Payouts

Should you pay Income Tax on Life Insurance Payouts? In today’s uncertain world, every individual takes insurance policy in some form or the other. But, many of them are not aware of the taxation of the proceeds of insurance policies. The general notion among people is that the proceeds of insurance policies are totally tax-free. But, they are subject to certain conditions along with some exceptions. In this article, I would detail about various insurance policies and the taxation of […]

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Aegon Life iCancer Insurance Plan – Should you opt it?

Aegon Life iCancer Insurance Plan Review

Aegon Life iCancer Insurance Plan – Should you opt it? Cancer is one disease that can attack to anybody regardless of the lifestyle they follow and irrespective of the age, gender, class, etc. There are more than 100 types of cancers prevailing that can affect any part of your body. Considering the risk involved in the treatment of Cancer, Aegon Life has brought a special plan called iCancer Plan. These days we are seeing several advertisements about this plan. What […]

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Best Children Insurance Plans in India

Best Children Insurance Plans in India

Best Children Insurance Plans in India Last week, there was a comment from Mahalakshmi Gopalan on this blog on “Suggest a topic” to write about Best Child Insurance Plans in India. Generally, I do not like to write any articles on this topic. Parents would like to secure their child's future for education or marriage, hence may need regular corpus during their college or during marriage. Which is the best child insurance plan in India? Which is the Popular Children […]

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LIC Bima Diamond Money Back Policy – Who can invest?

LIC Bima Diamond Money Back Plan Review

LIC Bima Diamond Money Back Policy – Who can invest? LIC has launched a new policy, LIC Bima Diamond Money Back Policy on its 60th birthday (Jubilee year). It is non linked traditional insurance plan with money back policy. It launched this plan with a tag line “Its thrice as nice”, means, it offers 3 features. It offers 3 options to choose a plan. What are the 3 Key Features offered in this plan? What are various options available in […]

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Best Maternity Coverage Health Insurance Plans in India

Best Maternity Coverage Health Insurance Plans-min

Best Maternity Coverage Health Insurance Plans in India An individual gets thrilled after hearing positive maternity news from his wife. But, for most middle class families it becomes difficult to meet up the expenses pre and post hospitalization owing to the high health care costs. So, if any newly married couple is going for their medi claim policy, it is always advisable to get a maternity insurance cover as add on. Which are the best maternity coverage health insurance plans […]

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