Need A Financial Product Forums Insurance Important points for a salary savings scheme holders Important-points-for-a-salary-savings-scheme-holders_REPLY

#47609
samkapoor77
Keymaster

Salary savings scheme holders should keep in mind to keep checking from time to time that his or her employer is remitting the deducted amount from his or her salary to LIC regularly. In a case where employer is not remitting the amount to LIC, there the delay or laps in remittance is against the interest of the policy holder as this may end up in a loss of insurance cover. Policy holder should not miss the insurance cover even for a small period of time. The person insured should check the salary slip regularly to stay informed about the LIC premium deducted from the salary.