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Do You Know What Can Help You to Save Tax and Even More Than That?

  8/4/23 10:14 AM

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It was a Saturday night and Arun & Piya were out for dinner. While having dinner, they started discussing about their day. Piya told Arun about a colleague who resumed work today after a long medical leave. He had been diagnosed with a severe heart condition. Her colleague informed her about how managing the costs had affected him and his family. This made Piya think about their future and how they could deal with any such unforeseen events.

Arun also remembered a mail he got from his HR, advising him to submit investment proofs for tax calculations. He told Piya that this time in the place of doing a hasty job of tax saving he would like to look at some options that give them tax benefits and aid them plan for their future too. Priya agreed and they decided to meet their financial advisor and friend Raj to find a solution.

After catching up on other things, Raj asked them about their requirements. Arun told Raj that this year Piya and he are looking out for an option that could help them save taxes and also plan their future.

Raj approved and appreciated the fact that Arun & Piya were thinking in the right track. Known their unique requirement, Raj suggested a product that would give them the tax plus advantage and help them plan for their future at the same time. A product that will not only help them both save tax but will also give them a high life cover at a low cost and cover them from 17 critical illnesses like heart attack, kidney failure etc.

Arun & piya were very happy with the suggestion and asked Raj about the investment option. Raj introduced them to Edelweiss Tokio Life Zindagi+, a term insurance product.

Zindagi + is a one of its kind term insurance plan that gives Life cover + Cover for 17 critical illnesses + Accidental death benefit + tax savings.

The critical illness cover has two variants: Single Claim and Multi Claim.

Single Claim: You’ll receive the selected amount and your policy will get terminated.

Multi Claim: You can claim the same amount THRICE without paying any future premiums

Both Amit and Priya were thrilled with the multiple benefits offered in just one plan and were convinced that this was one of the right products for them to invest in.

 

Siddhant Dubey - Writer & Photographer

Siddhant works as a freelance content writer who is interested in a wide range of spheres from photography and personal finance to cooking. He is also an aspiring photographer striving to showcase life around him through his vision.

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