The rider given as part of children's life insurance policies, in event of the guardian/parent's death, which would remove the premium-payer, the child's benefits is unchanged.
The Life Guardian Benefit rider, which is offered as part of a children's life insurance policy, is similar to the Waiver of Premium rider - in the event of death of the parent/guardian of the insured child during the term of the policy, all future premiums are waived on the policy, with the policy remaining in force. In short, this rider ensures that the benefit to the child remains unchanged and undamaged in the event of death of the parent/guardian who would have paid the premiums in the normal course.
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1.ICICI Prudential Tax Plan
2.Axis Tax Saver Fund
3.IDFC Tax Advantage (ELSS) Fund
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.BNP Paribas Long Term Equity Fund
9.Reliance Tax Saver (ELSS) Fund
10.HDFC TaxSaver
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 -
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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