LIC Tax Saving Plans


LIC Tax Saving Plans


LIC Tax Saving plans are best for tax planning and saving for future. For long term goals, LIC  plans play a big role in shaping the future. Guaranteed by Government and flexible premium method makes LIC plans popular among all. From age 0 to 85, plans are available in Life Insurance Corporation of India.

Tax rules in India :

  • Income  Tax Section 80C:  A limit of Rs. 1,50,000/- paid as LIC premium for self, spouse and children are exempted from income tax
  • Income Tax Section 80D: A sum of Rs. 55,000/- can be paid towards Health Insurance for self, spouse, children and parents to save tax free under this section
  • Income Tax Section 10(10D)  : All returns from LIC like survival benefits, Claim benefits, Maturity benefits and death claims from an LIC Life Insurance policy is 100% exempted from all taxes.

Why go for LIC Tax Saving plans  ?

Insurance plans play a great role in every  one’s life. Life Insurance is very necessary to each every life. Life Insurance with Tax saving makes great combination and big reason to buy Life Insurance. Many may not be interested if Life Insurance is not mixed with Tax saving.  For every occasion there is plan and tax can be saved on every Rupee invested in LIC plans. Near about all LIC plans can save tax on payment of policy premium.

LIC is having plans to suit your celebrations. Let it be child birth, start of education, planning for higher education, getting first salary, marriage, Home loan insurance, Pension etc.,  Plan returns are guaranteed by Government of India.

There are many plans to save tax under 80C. They are :

  • Child education plans 
    • New Children Money Back policy
    • Jeevan Tarun
  • Life Insurance plans
    • New Endowment
    • Jeevan Lakshya
    • Jeevan labh
    • Jeevan Pragati
    • Limited premium
  • Term Insurance plans
    • Jeevan Anmol
    • Jeevan Amulya
  • Pension plans
    • Jeevan Akshay
    • Jeevan Shanti
    • Jeevan Nidhi
    • Jeevan Umang
  • Money Back plans

Saving tax on Term Insurance policy. You only need experienced Insurance Advisor who can help you to save maximum tax with best returns.

For buying LIC Tax Saving plans, whatsapp/call @ 8123108000




For best Tax Saving plans,  experienced Advisors whatsapp/call @8123108000