Whether LIC premium paid to my parents is eligle for deduction. If so, pl inform the the Section and Act
How much i will get if i pay Rs 2500 per month premium for 15 years in India’s LIC Jeevan Saral ? how much lump sum after 15 yrs and what all benefits? thanks
I am going to take pension plan from LIC. But confused which pension plan to take. Please suggest a good one based on my requirements below.
My age is 29 years. I would like to get pension from 50 years or at the worse 55 years. I would like to get pension on monthly basis rather than getting in lump sum amount. And anything between 30k to 50k rupees per month I would prefer to get as pension. I can pay premium either yearly or monthly but I prefer paying monthly. Anything between 8k to 12k per month I can pay. So please suggest the best pension plan from LIC. And will I get the same amount of pension throughout my life? (like constant 40k throughout my life?)
I went to LIC premium calculator page for New Jeevan Suraksha-I and entered the details as follows,
Deferement period: 20
Notional cash option: Rs. 30,00,000
Premium in Rs. Monthly : 10,419.00
So in this, after 20 years of premium payment I can get lump sum of Rs. 30,00,000 ?
If I choose monthly option, how much will I get for lifelong ?
Suppose in between say after 10 years I am not able to pay for few months due to financial problems, will I loose the plan or I can still continue it? Please explain this.
Thanks in advance.
National pension scheme is a grate efforts of PFRDA, the complete information like benefits of scheme, returns after 60 years of age (Pension/ lump sum) and any other benefits should be clearly mentioned at PFRDA web side.
Pension plans offer some option but the amount say 2lacks has to be deposited in the beginning and not available to insured person in his lifetime. What are more flexible ,easy alternatives in Insurance sector ?
I wish to make a proper investment or insurance in the name of my grand daughter who is 3 year now. I am ready to pay a single premium or lump sum amount for investment. I wish that the money should accrue to her only after she attains the age 18 or 21 for her higher education and marriage. Which is the best way to do it?
which one should i choose..
i wanted to go for a loan of 25 lacs with a 20 yrs tenure..
people suggest, looking at my salary, i can just go for a 10 yr tenure..
but, my thought is , i will have a less EMI contribution from my salary if i go for a 20 yr tenure.
on the other hand, people suggest that go for a 20 yrs tenure ,and any time if you make a lump sum principal payment towards your loan, the tenure gets reduced automatically? what does it mean?
and how long will I get the money e.g lifetime or a fixed period of time.
By lump sum I mean Single Premium.