Intellectual Property Rights: Practice and Drafting by Adv Gautam Matani. Register Now!
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Vibhu   29 August 2017

Is buying lic polices save tax,if yes then which plan ?

Wanted to know can i save tax by buying LIC plan,IF yes then which LIC(Life insurance Corporation) plan is best to save tax. Please suggest.


 5 Replies


Yes, you get Tax rebate u/s 80C for the premium paid for Term, Endowment, Whole life policies. 

if you opt for Parental Insurance then too you get additional rebate u/s 80D

Now which policies and for what amount, for what coverage, you need to study, research and answer youself.

Kumar Doab (FIN)     29 August 2017

Jevan Anand is time tested and good policy...............and other plans contact your LIC agent or nearest office.

Registerexperts (company registeration)     10 November 2017

visit this link:  

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