Need Help? Call 1800-123-4003
(9:00 AM to 9:00 PM)
Compare Life, Health, Car and Two wheeler Insurance rates from top Insurance companies for free.
Yes, Life Insurance claim is taxable. Life insurance plans provide tax benefits according to prevailing tax laws and death benefits are tax-free under section 10(10D) of the income tax Act, 1961. The percentage of tax to be paid is different for different parts and is calculated at the time of claim.
To claim term insurance after death follow the below steps
Yes, term insurance cover Natural deaths. There is a natural death cover in term insurance in case of death due to any illness or diseases or old age is termed as Natural death in life insurance while any death as a result of an accident is known as Accidental death. Death due to murder is covered subject to the nominee or the legal heir not being involved in the murder of the policyholder.
To claim Life Insurance in case of death go through our online portal which has a dedicated team of agents who will assist to the very end of your insurance policy.
The primary purpose of life insurance product is helps to minimize the risk of financial difficulties which would be faced by the families in case of sudden death of the policyholder. Life insurance is one of the most important financial planning tools available in the market.
Yes, you can claim the LIC maturity amount online. From purchasing a plan to paying the premiums at regular intervals to check the maturity amount and status of the policy.
By submitting this form you authorize PolicyBachat or it's affiliates to contact you and override NDNC registry.
We note that you had left your transaction unfinished the last time you checked
in with PolicyBachat. Would you like to continue with the same quotes or look for
a new insurance policy?