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Premium Paid Certificate: Date: 14-DEC-2009

This certificate summarizes the key details of Mr. Sharma's life insurance policy with Birla Sun Life Insurance. [1] It lists the policy number, issue date, coverage amounts, payment mode, premium amounts received, and effective date of deposit. [2] It also provides information about potential income tax benefits for premiums paid under this policy and other Birla Sun Life insurance products. [3] Tax deductions are available under sections 80C, 80CCC, 80CCD, and 80D of the Indian Income Tax Act, subject to certain limits.

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113 views1 page

Premium Paid Certificate: Date: 14-DEC-2009

This certificate summarizes the key details of Mr. Sharma's life insurance policy with Birla Sun Life Insurance. [1] It lists the policy number, issue date, coverage amounts, payment mode, premium amounts received, and effective date of deposit. [2] It also provides information about potential income tax benefits for premiums paid under this policy and other Birla Sun Life insurance products. [3] Tax deductions are available under sections 80C, 80CCC, 80CCD, and 80D of the Indian Income Tax Act, subject to certain limits.

Uploaded by

novalhemant
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Premium Paid Certificate

Mr Sharma M11 SECTOR12 NOIDA-201301 UTTAR PRADESH-INDIA

Date : 14-DEC-2009

TEL : +919899167634

Ref: Policy No. 003527702 Your Policy details are as below Policy Issue Date : 12-NOV-2009 Payment Mode : Annual

Coverage Platinum Plus - Base Coverage Platinum Plus - Life Coverage

Face Amount Modal (Rs.) Premium (Rs.) 99000.00 500000.00 99000.00 0.00

Coverage Status Premium paying (regular) Premium paying (regular)

This is to certify that the following amounts have been received towards premium for the above policy for the period 01-JAN-2009 to 14-DEC-2009.

Effective Date of Deposit 12-NOV-2009 Total Received Note

Premium (Rs.) 99,000.00 99,000.00

Income Tax Benefits under the Income Tax Act ,1961 for premiums paid towards Birla Sun Life Insurance products for the current financial year: 1. 2. 3. 4. For Flexi Secure life Retirement (Pension) Plan: Under Section 80 CCC (1), Contribution made to pension fund upto a maximum of Rs. 1,00,000/-. For Critical illness rider under Section 80D for individual and HUF upto a maximum of Rs. 15,000/- and for senior citizens aged 65 years above Rs. 20,000/-. For all other products: Under Section 80C, annual premium only to the extent of 20% of the face amount of the policy subject to maximum of Rs. 1,00,000/-. The overall limit prescribed for Section 80C, Section 80CCC and Section 80CCD is Rs. 1,00,000/-.

This letter is based on our understanding of current tax laws prevailing in India. These laws are subject to change and any such change could have a retrospective effect. This letter should not be construed as tax, legal or investment opinion from us. For specific suitability, you are requested to consult your tax advisor.

THIS IS A COMPUTER GENERATED STATEMENT AND DOES NOT REQUIRE A SIGNATURE

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