Yes, you can claim for any paid premium.
Yes, you can claim for any paid premium.
Amit
Pls follow Rules/Guidelines @ PolicyWala
“The happiest people are not those who live on their own terms…but are those who change their terms for the ones whom they love”
Life Insurance Premiums
Any amount that you pay towards life insurance premium for yourself, your spouse or your children can also be included in Section 80C deduction. Please note that life insurance premium paid by you for your parents (father / mother / both) or your in-laws is not eligible for deduction under section 80C. If you are paying premium for more than one insurance policy, all the premiums can be included. It is not necessary to have the insurance policy from Life Insurance Corporation (LIC) – even insurance bought from private players can be considered here.
|Jargon Buster|Before you post, please read the FAQ and the sticky posts on the board you wish to use.|Blog|
Reply With Quote
