How to Save Tax on Salary with Term Insurance?
Get Guaranteed Returns After a Month^
Unlock the Power of Smart Investment!
-
Table of Contents
Let’s Begin by Understanding Term Insurance!
Tax Saving Options For Salaried Individuals
Looking For Term Insurance? Consider ABSLI Salaried Term Plan [UIN: 109N141V01]!
Wrapping Up!
About Author
for Salaried Individuals¹
-
Disclaimer
ABSLI Salaried Term Plan (UIN:109N141V01) is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 2 (Life Cover with ROP) this product shall be a non-linked non-participating individual savings life insurance plan.
1LI Age 21, Male, Non Smoker, Option 1: Life Cover, PPT: Regular Pay, SA: ₹ 1 Cr., PT: 10 years, Premium paying term: 10 years, Annual Premium: ₹ 5900/- ( which is ₹ 491.66/month) Premium exclusive of GST. On death, 1 Cr SA is paid and the policy terminates.
*Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
ADV/12/23-24/3150
Subscribe to our Newsletter
Get the latest product updates, company news, and special offers delivered right to your inbox
Thank you for Subscribing
Stay connected for tips on insurance and investments