Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If a person, participating in a Unit Linked Insurance Plan (ULIP), terminates his policy, can he claim any tax benefits on the same?

0
Posted

If a person, participating in a Unit Linked Insurance Plan (ULIP), terminates his policy, can he claim any tax benefits on the same?

0

If a person participates in a Unit Linked Insurance Plan (ULIP) and then terminates his participation, he will not be entitled to claim any tax benefits.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.