I paid SBI Life insurace ULIP for my parents in the month of april ‘09. Can i show this document as investment proof for this year income tax? if yes, then please provide details in which section of Income tax? is it in section 80cc??

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I would like to know out of the several different types of policy , LIC of India is offering, which policy has the best guranteed returns . Considering that the insured will be 32 years of age and nominee will be child. (15 – 25 years premium horizon) Normally I would like to keep investment [...]

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Life insurance is suppose to be used as a protection of income. In case you die, your family is protected from devastation of substantial income loss. But, many insurance companies are selling it as an additional source of income or as an investment, which is really is not. Therefore, many families who have life insurance [...]

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