Invest In Tax Saving Mutual Funds Online
PNB Met Protect
Objective | This is an online term insurance policy that pays sum assured on unfortunate demise of the insured person. | |||
What does it do? | This is a pure risk insurance plan which pays sum assured to the nominee in case of untimely death of the insured. The plan can be purchased online through company's website. The plan does not pay any maturity, survival or surrender benefit. | |||
Pros | The plan can be purchased online at convenience. | |||
Cons | The premiums cannot be paid quarterly or monthly, but only annually or semi-annually. | |||
Suited for | A plain term insurance is a definite buy for everyone. | |||
Our View | Term plans are the best kind of life insurance available. Anyone who is comfortable making online purchase and doesn't need assistance in buying a policy can take this plan. | |||
Eligibility | ||||
Entry Age (years) | ||||
Minimum | 18 | |||
Maximum | 60 | |||
Maximum Maturity Age (years) | 70 | |||
Policy Term (years) | ||||
Minimum | 10 | |||
Maximum | 35 for Regular Premium policies; 15 for Single Premium policies | |||
Sum Assured (Rs) | ||||
Minimum | 2500000 | |||
Maximum | No limit | |||
Premium Payment Frequency | Single, Yearly, Half-yearly | |||
Premium Payment Term | Single, Equal to policy term | |||
Policy Cover | Cover remains fixed for the tenure of the policy | |||
Other Features | ||||
Free Look Cancellation | In case, you are not satisfied, you may choose to cancel the policy within 15 days of receiving the policy documents. Upon such cancellation, you will be paid back the premiums, minus the cost of stamp duty, medical reports and proportionate premium for the period for which the risk was covered. | |||
Grace Period | You are allowed to pay premiums within 30 days of premium due date . If a due premium is not received within the grace period, your policy will lapse and the life insurance cover will be terminated. | |||
Lapsed Policy Reinstatement | You may reinstate your lapsed policy within 3 years from date of first unpaid premium by paying due premiums and undergoing underwriting requirements, if any. | |||
Tax Benefits | Section 80C, 10(10D) of the Income Tax Act, 1961 would apply. | |||
Exclusions | In case of death by suicide during the first policy year, or within one year from the date of reinstatement, no death benefit is payable. Further, if the Life Assured under the policy, whether medically sane or insane, commits suicide, within one year of exercising the option to increase the Sum Assured, then the amount of increased Sum Assured will not be considered in the calculation of the Death Benefit | |||
Customer Service | ||||
Address | MetLife India insurance Company Limited | |||
Happy Investing!!
We can help. Call 0 94 8300 8300 (India)
Leave your comment with mail ID and we will answer them
OR
You can write back to us at PrajnaCapital [at] Gmail [dot] Com
---------------------------------------------
Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online
Tax Saving Mutual Funds Online
These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs
Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
- ICICI Prudential Tax Plan Invest Online
- HDFC TaxSaver Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Reliance Tax Saver (ELSS) Fund Invest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) Fund Invest Online
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver Invest Online
- Edelweiss ELSS Invest Online
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Tax Saver MutualFunds Invest Online
- ICICI Prudential Tax Plan
- HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
No comments:
Post a Comment