Need A Financial Product Forums Insurance Need more than basic information regarding the Jeevan Arogya policy?

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  • #47528

    Meghna Yadav
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    I am planning to have Jeevan Arogya policy. Can some one provide information about the same beyond the basic information.

    #47529

    The other vital information regarding the jeevan arogya policy of Life Insurance Corporation of India is that there is Income tax reduction is available for the person having the jeevan arogya policy of LIC of India. This Income tax reduction is available under section 80C and 10(10D) of Income tax act 1961 of India. This Tax reduction is for the premium paid of the policy 8 and the maturity return of the policy. This plan can revive before two years from the date of first unpaid premium. The service tax of 3.09 percent has been added in the policy. Moreover nomination and assignment is possible under this policy. And in case the person who bought this policy commits suicide before 12 months then the 80 percent of the premium will be given back of the total amount he paid as premium.

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