introduction: The government introduced various incentives in the recent times to encourage the adoption of the new regime. These changes show that the government intends to have taxpayer’s transition to the new regime and eventually phase out the old one. Though the new regime is now the default tax regime, the old tax regime will … Read more
No Income Tax on Annual Income Up to ₹12.75 Lakh!The government has raised the Section 87A rebate limit from ₹7 lakh to ₹12 lakh, providing major tax relief to the middle class. Salaried individuals can also claim a ₹75,000 standard deduction, making incomes up to ₹12.75 lakh tax-free. The modified slab rates for new tax … Read more
Individual, Non-Linked, Non-participating, Life Insurance Savings Plan 1. What is Fortune Guarantee Secure? Note: 2. How Does It Work? Note: 3. Main Features: 4. Plan Options: A. Regular Income Note: If you stop paying premiums early, the policy becomes “Reduced Paid-Up,” meaning lower benefits. B. Regular Income with Return of Premium (ROP) Note: You must … Read more
A Non-Linked, Participating Individual Life Insurance Savings Plan. 1. What is the Tata AIA Life Insurance Diamond Savings Plan? It is a Non-Linked, Participating, Individual Life Insurance Savings Plan i.e It’s a savings + insurance plan. This means: T&C Highlight: This policy is “participating”, meaning bonuses depend on company profits and are not guaranteed (Clause … Read more
Individual, Non-Linked, Participating Life Insurance Savings Plan 1. What is the Tata AIA Life Insurance Value Income Plan? It is a non-linked, participating life insurance savings plan that offers: 2. What are the key benefits of this plan? 3. What are the available policy terms and premium payment terms? 4. What is the eligibility to … Read more
Individual, Non-Linked, Participating Life Insurance Savings Plan. 1. What is the Tata AIA Life Insurance Smart Value Income Plan? It’s a life insurance policy that also helps you save and grow your money.It offers two main benefits: Note: It is a non-linked, participating plan, meaning it is not tied to the stock market but participates … Read more
Non-Linked, Non-Participating, Individual Life Insurance Savings Plan What is this insurance plan about? It’s a life insurance plan that helps you secure your family’s financial future. If something happens to you, your family gets a lump sum amount. If you complete the policy term, you get a guaranteed payout at maturity. Premium Min 100,000 Riders … Read more
What is this plan about? This is a life insurance plan that also helps you save money. You pay a fixed amount regularly, and in return, you get guaranteed benefits either as a lump sum or as regular income over time. If something happens to you (the policyholder), your family gets financial support. Key Features: … Read more
SOURCES OF THIS BLOG Policy Wordings TATA AIG Medicare Premier is a simplified and comprehensive Health Insurance plan. Tata AIG General Insurance Company Limited (We, Our or Us) will provide the insurance cover, described in this Policy and any endorsements thereto, for the Insured Period, as defined in the Policy schedule. The insurance cover provided … Read more
1. What is this Policy About? This is a life insurance and savings plan that ensures financial security while also offering guaranteed income in the future. 2. What are the key benefits? (Part C) A. This policy has two options: Option 1: Regular Income Option 2: Regular Income + Critical Illness Benefit Note: If diagnosed … Read more