Web Event: Should You Buy Life Insurance To Save Tax?
Date: 14-03-2017 Views: 999
Advertisements, telephone calls, mobile messages urge you to save tax by buying life insurance. Here's why you should be looking at far more important things while buying life insurance than simply getting tax deductions under Section 80C.
Highlights 0:58 Should you be buying a life insurance policy to save tax?
1:15 Ask yourself why you need to buy life insurance
1:24 Buying life insurance plans for only tax savings is a common mistake people make
2:22 On an untimely demise, a family stops getting the benefit of a regular income
2:32 The deceased person's savings also gets used up
2:37 Life insurance money plugs the gap in a family's resources to meet its current and future needs
3:07 Tax deduction or no tax deduction, your family must have adequate protection from sufficient life insurance
