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I AM Haris Working With LIC of india as Insurance Adviser Agent, I WILL GUIDE YOU TO CHOOSE BEST LIC POLICY FOR INSURANCE AND INVESTMENT ACCORDING TO YOUR NEED, Lic agent in Chennai details View & Apply new lic policy Contact 9940240384 Haris, advice them suitable policies to their need.

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Lic Life "Insurance" Agent located in & around " Chennai" 9940240384

Who Can Buy A Policy?

Life insurance in India made its debut well over 100 years ago.

In our country, which is one of the most populated in the world, the prominence of insurance is not as widely understood, as it ought to be. What follows is an attempt to acquaint readers with some of the concepts of life insurance, with special reference to LIC.

It should, however, be clearly understood that the following content is by no means an exhaustive description of the terms and conditions of an LIC policy or its benefits or privileges.

For more details, please contact our branch or divisional office. Any LIC Agent will be glad to help you choose the life insurance plan to meet your needs and render policy servicing.

What Is Life Insurance?

Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against.

The contract is valid for payment of the insured amount during:

    The date of maturity, or
    Specified dates at periodic intervals, or
    Unfortunate death, if it occurs earlier.

Among other things, the contract also provides for the payment of premium periodically to the Corporation by the policyholder. Life insurance is universally acknowledged to be an institution, which eliminates 'risk', substituting certainty for uncertainty and comes to the timely aid of the family in the unfortunate event of death of the breadwinner.
By and large, life insurance is civilisation's partial solution to the problems caused by death. Life insurance, in short, is concerned with two hazards that stand across the life-path of every person:

    That of dying prematurely leaving a dependent family to fend for itself.
    That of living till old age without visible means of support.

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Life Insurance Corporation: LIC Endowment Plans, LIC Children's PLans, LIC Term Assurance Polic, LIC Money Back Policy, LIC Pension Plans, LIC Investment Plans,Whole life Plans ... Compare all LIC Life insurance policies before you apply.Compare various good lic policies Price, Features and Ratings; buy best lic policy in chennai. Contact Haris 9940240384. Best LIC tax saving policy with good benefits ... LIC Insurance plans to guarantee education of your children.

Types of Life Insurance: Term Insurance Policy, Child Life Insurance Policy, Whole Life Insurance Policy, Pension (Retirement) Insurance Policy, Endowment Insurance Policy, Unit-linked Insurance Plan (ULIPs), Money Back Insurance Policy


Tax Savings
: life insurance is to avail tax benefits under section 80C up to the limit of Rs. 1,00,000 annually. Money paid as premium of Life Insurance policies is exempted from income tax and the proceeds from a life insurance policy on maturity also get tax exemption under section 10(10D) of the income tax.

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But did you know that buying this type of insurance is very easy and simple if you are aware of the appropriate mechanisms? However, before deciding to buy a policy, it is imperative to know which type of insurance we really need. Keep in mind that

 

 


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