Section 11, Schedule II(2) of the Income Tax Act
Section 11, Schedule II(2) of the Income Tax Act 2025 keeps life insurance payouts tax-free when premiums stay within set limits. Here’s how it works.
10 MIN
Written by Gargi Thakur
Articles
Life Insurance Articles
What is the Free Look Period in Term Insurance?
The free look period gives you 30 days after receiving a new life insurance policy to cancel it. See IRDAI rules, deductions, and steps.
8 MIN
Written by Gargi Thakur
LIC New Jeevan Dhara-II: Features & Review
LIC New Jeevan Dhara-II is a deferred annuity plan designed to provide regular income after a chosen deferment period. Explore its annuity options, payout rates, key features, and limitations to understand whether it suits your retirement needs.
11 MIN
Written by Subhashish Banerjee
Participating and Non-Participating Insurance Explained
Participating and non-participating insurance differ in how policy benefits are determined. Understand how bonuses work, what returns to expect, and how guaranteed benefits compare to help you assess which life insurance policy suits your financial goals.
10 MIN
Written by Subhashish Banerjee
HDFC Life Click 2 Achieve: Plan Review and Returns
Is HDFC Life Click 2 Achieve worth it? We calculated its internal rate of return (IRR) using the official brochure and compared it with the Public Provident Fund (PPF), fixed deposits (FDs), and Reserve Bank of India (RBI) Floating Rate Savings Bonds (FRSBs).
8 MIN
Written by Moushmi Kaur
SBI Life Smart Wealth Builder: ULIP Review and Charges
SBI Life Smart Wealth Builder is now a withdrawn ULIP. See how it works, how its charges affect net returns, and whether to continue, surrender, or go paid-up.
9 MIN
Written by Moushmi Kaur
LIC Term Insurance
Life Insurance Corporation of India (LIC) term insurance offers pure protection backed by a 98.16% CSR (FY 2024-26) and decades of trust. See the LIC term insurance plan list, premiums, and how it compares with private insurers.
8 MIN
Written by Moushmi Kaur
Aviva Life Insurance Login: Customer Portal Guide
Step-by-step guide to the Aviva Life Insurance login: register on the customer portal, view policy details, pay premiums, fix login errors, and contact customer care.
6 MIN
Written by Moushmi Kaur
PLI vs. LIC: Which Life Insurance Is Better in India?
PLI vs. LIC differ in eligibility, plan options, premiums, bonuses, and accessibility. This guide compares their key features, benefits, claims, and online services to help you understand which option may suit your insurance needs better.
9 MIN
Written by Moushmi Kaur
SBI Life Insurance Login: Customer Portal and App Guide
Learn how to access the SBI Life Insurance login, check your policy status, and use different login options to manage your policy online.
6 MIN
Written by Moushmi Kaur
Pramerica Life Poorna Rakshak: Variants, Features & Review
Pramerica Life Poorna Rakshak combines life insurance with guaranteed savings and income options. Explore its variants, benefits, premiums, returns, eligibility, and key drawbacks to decide if this plan suits your financial goals.
11 MIN
Written by Subhashish Banerjee
Is LIC Maturity Amount Taxable?
Is LIC maturity amount taxable? Learn when LIC maturity proceeds are tax-free, when they become taxable, and how premium limits affect your tax liability.
8 MIN
Written by Moushmi Kaur