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Life Insurance

Top 10 Life Insurance Companies in India

The competition in the insurance industry is constantly rising. Different features and multiple offers make choosing the right insurance company to buy a plan difficult. We have shortened the hassle for you and picked the top 10 life insurance companies in India

Table of Content:

What is Life Insurance? 

How to choose the Best Life Insurance?

Top 10 Life Insurance Companies in India with Highest CSR:

How Does LIC Help You Provide Tax Benefits?

Let’s start with the harsh truth, “Everyone wants to earn more but no one wants to pay more taxes.” You might look for different options available for tax deductions. In the list of many, LIC is a prominently known and most credible source of providing you with large tax benefits on various insurance policies. The policies provided work as the best investment, risk coverage, and security plans and help you with tax benefits under section 80C of the Income Tax Act, of 1961.

Life Insurance Tax Benefits

Life insurance policies help you secure your family’s financial future by providing a sum of money in case of your premature demise. However, a life insurance plan has more to it. One of the benefits of buying life insurance is saving on taxes. In addition to maturity/death benefits, life insurance contracts qualify for tax deductions under Sections 80C and 10(10D) of the Income Tax Act of 1961. In this article, we will discuss the tax benefits of life insurance.

How Child Insurance Helps Kids to Pursue Their Dreams

What is a dream? Creating a scenario in your head that relates to your future is fascinating. Who do you want to become? Even though dreaming can be enjoyable and exciting, without the final piece of the puzzle, your dreams will remain just that—dreams. The missing piece of the puzzle is money. Without financial support, your child will find it challenging to pursue their dreams.

Everything About Zero-cost Term Insurance

Term insurance plans are the most famous traditional choice for buying insurance. Pure-term plans come with various tenure lengths and coverage benefits, allowing policyholders to mitigate the risk. However, we all know that there is no maturity benefit in pure-term plans if the policyholder survives the policy term. If the insured person dies during the policy's term, the nominee is entitled to the sum assured.