You will be eligible for tax benefits under
Section 80C, 80 D and Section 10 (10D) of the Income Tax Act, 1961.
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Under Section 80C, You
can save tax each year as premiums up to Rs. 1,00,000 are allowed as
a deduction from your taxable income. |
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Under Section 10 (10D), the benefits you receive from this policy are completely tax-free, subject to the conditions specified therein |
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Under section 80 D , additional
premium paid for Critical Illness benefit or Accelerated Sum Assured
benefit qualify for deduction upto Rs.15,000 (Rs. 20,000 for senior
citizens) from your taxable income. |
The above mentioned tax benefits are subject to changes
in the tax laws.
These insurance product is underwritten by HDFC Standard Life. The details
mentioned above are indicative of terms,conditions,warranties and exceptions
contained in the insurance policy.Kindly contact our Relationship Manager
at your nearest HDFC Bank Branch for more details. For more details on risks
factors,terms and conditions please read sales brochure carefully before
concluding a sale.HDFC Standard Life Insurance Company Limited. HDFC Term
Assurance Plan. Form No. SN 06.UIN : 101N006V02. With Riders Accidental
Death Benefit UIN 101B001V02, Critical Illness Benefit UIN 101B004V02 and
Accelerated Sum Assured Benefit UIN 101B010V01.Insurance is the subject
matter of solicitation. Registration No: 101.Certified Corporate Agent's
License No. 933982.
Insurance is the subject matter of the solicitation.
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