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Thursday, February 19, 2015

Term Insurance is only for Income Earning person

It is not even useful to buy a term cover for a person who is not earning and has no one dependent on him for expenses

Term insurance is usually bought for the earning member of the family, so that the family members who are dependent on his income do not face financial difficulties if the bread winner passes away. So, all insurance policies require the income proof to be submitted for providing the insurance cover.

 

It is not even useful to buy a term cover for a person who is not earning and has no one dependent on him for expenses.


 
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

Invest in Tax Saver Mutual Funds Online -

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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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