Jeevan Adhaar Policy

If you have a handicapped dependant as per Section 80 DDA of Income Tax Act, 1961,  you need to give financial help to, this is the plan for you. The life cover will be provided throughout the purchaser’s lifetime. The handicapped will receive the plan’s benefits partly in lump sum and partly as an annuity. The most important feature of this plan is that the premiums paid are eligible for Tax relief under Section 80DDA of the Income Tax Act.

 You can pay the premiums within the selected paying terms of , 15, 20, 25, 30 or 35 years or till the earlier death. And these can be paid on yearly, half- yearly, quarterly or monthly basis or by one lump sum. A guaranteed additions at the rate of Rs. 100/ 1000 of sum assured is gives for every year. This plan gets a share in LIC’s life insurance business.

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