how to change the lic insurance agent. what is the process. presently i am in overseas . i cannot go to any lic office personally. can someone help me out regarding this. appreciate.
I own a flat and want to buy insurance for it against calamities like earthquake,fire, etc. Which is the best general insurance company in India for the same?
Please explain in detail the criteria of lock in period to get exemption under section 80c of income tax. also tell the link of the literature where I can study in detail the guide lines from income tax or IRDA regarding lock in period to this tax exemption
I have purchased a home recently. Can I get some rebate in income tax, if I purchase a home insurance plan?
If one invests his money in Unit Linked Plans of LIC, and no risc cover is taken, then will it be eligible for rebate in Income Tax?
hi, what is a reasonable amount of insurance coverage for a commercial property in earthquake and fire & liability? The property is one story, 3 tenant with 5,500 sf building space. The value of property is about 1.6 million.
Is the amount based on the value of property or the cost to build the property?
They just announced that deductions from pay will no longer be on a pretax basis. The question is: In what specific way does this benefit the company? Also, what is the effect on employees at tax time?
I would like to know that if i deposit LIC premium for the life insurance of my father who is dependent on me. If i can avail income tax rebate on the same under section 80C.
I was mis-sold LIC’s Jeevan Anand policy by an agent who I believed was sincere in advising me. At that time I did not even know that something known as “term insurance” exists. I thought I was doing well since the said policy would play three roles simultaneously: as life insurance, long term investment and tax saving avenue. The premium I paid was over Rs 19000 (yearly).
Now I know I am not alone, many people are cheated by such agents. I know I behaved like the stupidest person on earth, but I also feel that many people even today are not insurance-literate. I think somebody should take the responsibility of making people aware about this, specially the IRDA should take this initiative. What do you think about this issue?
I am a frequent flyer…Is there any good and comprehensive annual travel insurance plan that you recommend?