Yes, I did purchase Insurance policy from one of the advisor for tax free income for my child, but that income will start after my child attends age of 15. Every year he will receive amount 33,000. I have to pay only 15 years and get tax exemption for 15 years, thereafter my child will receive from 15 years, till his entire life amount 33,000 per year. Also in addition to it will receive amount upto 5 lakhs after 5 years as lumpsum amount. For further discussion you can email me on a.alokpatil@rediffmail.com
RE:A very good option for child
by Chuni Lal on Feb 22, 2007 03:15 PM Permalink
I shall be obliged if u could inform me about the name of policy/product type/annual premium and all such information of use. My eID is chunilal_nrcg@rediffmail.com
RE:A very good option for child
by Swapna K on Feb 22, 2007 10:51 PM Permalink
hi pleaselet me know the policy details like insurance co, product name and anual preamium.
RE:A very good option for child
by chetak lalwani on Feb 22, 2007 02:44 PM Permalink
hi pleaselet me know the policy details like insurance co, product name and anual preamium. Chetak chetak15@rediffmail.com
RE:RE:A very good option for child
by on Feb 24, 2007 03:49 PM Permalink
sir if you are interested in policy for your please let me know for further discussion my e mail id is mira1agr@yahoo.com thanx
RE:A very good option for child
by Chuni Lal on Feb 22, 2007 03:11 PM Permalink
I shall be obliged if you kindly let me know about the details of the policy u have. ..its premium pre annum and the product
RE:A very good option for child
by NAGENDRA GOWDA on Feb 22, 2007 03:00 PM Permalink
Hi Can u please provide me the details of the policies on nags68@rediffmail.com
RE:A very good option for child
by anilkumar nair on Feb 22, 2007 03:05 PM Permalink
kindly let me know the policy details so that I can also avail the same for my child. My e-mail id is anilkumarnair100@rediffmail.com
RE:A very good option for child
by on Feb 22, 2007 03:22 PM Permalink
good one dear.. pls tell me the insurance company and policy details, i also wanna purchase policy for my kids..E-mail :: ankurp@rediffmail.com
RE:RE:A very good option for child
by JOSEPH DLIMA on Feb 22, 2007 04:10 PM Permalink
LIC's Jeevan Tarang is very good policy. If you take Rs.1 lac sum assured Policy for 20 year term then Yly.Premium is Rs.5150/- (Age upto 40 years)On 20th Year you will get rev. bonus and there after Yearly 5,500/-p.a. as survival benefit till the age of 100 years. On completing 100 years you will get Rs.100,000/-(Sum Assured) Loyalty Addition if any. The sum assured along wih vested reversionaly bonuses is paybale in case of death of the life assured during the accumulation period. The Sum assured along with loyalty Addition, if any is payable in case of death of the Life assured any time after the accumulation period.
RE:A very good option for child
by rakesh oswal on Feb 22, 2007 03:14 PM Permalink
please give me the policy name and the amount of premium u used to pay email id:oswal_rakesh@rediffmail.com
RE:A very good option for child
by chaitanya Sardeshpande on Feb 22, 2007 04:01 PM Permalink
plz mail me details of policy alok at chaitanya.sardeshpande@rediffmail.com
RE:A very good option for child
by Pradeep Pathak on Feb 22, 2007 02:52 PM Permalink
Could you tell me the Policy name and annual premium paid by you. my e-mail Id is:pkpgold@yahoo.com
RE:A very good option for child
by G.Venkat ramanaiah on Feb 22, 2007 03:08 PM Permalink
please tell me about the policy details, like annual premium etc., venkat@powersearch.cpri.res.in
RE:A very good option for child
by NITIN SINGH JADON on Feb 22, 2007 02:59 PM Permalink
can u plzz tell me the name of the policy nitinjadon@rediff.com..thnx
RE:A very good option for child
by Gautam Sinha on Feb 22, 2007 03:01 PM Permalink
Great Thing. But remember that a policy returns much less than good mutual funds. The taxes cut are much lesser in mutual funds, including ELSS. ULIPs like the one you suggested also go for equity risk so you ar enot taking any less risk on policy by going for it. Also very small child is usually not insured. Please keep these in mind
RE:A very good option for child
by Swapna K on Feb 22, 2007 10:52 PM Permalink
hi pleaselet me know the policy details like insurance co, product name and anual preamium. swapnak_2002@yahoo.com
RE:A very good option for child
by Seema Pradnani on Feb 22, 2007 02:43 PM Permalink
Can I have the name of the Policy, so that I can also avail it for my child too.
RE:RE:A very good option for child
by Niraj Dayal on Feb 22, 2007 03:28 PM Permalink
Better buy LIC's Jeevan Tarang. After the stipulated term is over, upon which the Sum Assured is payable , ur child will receive every year 5.5% of the Sum Ass. till age 100 upon which he will get another Sum Assured. So if the sum assured is 10 lacs, upon maturity, say 20 years, he will get 10 lacs, and 55000 every year, on a stipulated date, which can be his/her birthday. Prem. can be found out by going to the site "licindia.com"
