Insurance premiums are a tax deductible under 80c as are your provident
fund contributions, kids school fees and a bunch of other things you
normally spend money on anyway
--srs (htc one x)
On 23 April 2013 3:40:43 PM Srini RamaKrishnan <[email protected]> wrote:
On Tue, Apr 23, 2013 at 3:36 PM, Suresh Ramasubramanian
<[email protected]> wrote:
> While sophisticated investors might not want to mix insurance and
investment, it still remains an option - in several cases - for less
sophisticated investors, as long as they find a honest advisor who doesn't
missell to them.
It isn't just that - insurance premium is tax deductible I thought, or
something like that. At any rate the tax laws were a driver IIRC.
