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Ankit Mediclaim
Ankit Mediclaim
Ankit Ranjan
POLICY DETAILS
Premium Recieved (in words) ** Rupees Twenty Four Thousand Two Hundred Twenty-Six only.
Eligible for benifits as applicable under the prevailing Income Tax Act, 1961
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Information on NAV is published daily on our website www.avivaindia.com and in leading financial newspapers.
As per IRDA Guidelines, the Renewal premium is adjusted on the due date even if it has been received in advance. For
payments other than cash, this acknowledgement is subject to realization of the instrument.
Important Notes:
1. Tax benefits are available under section 10(10D) and section 80C of the Income Tax Act 1961, as amended from time to time.
2. As per section 10(10A(ii)(a)) of the Income Tax Act 1961 : The Commuted value of any deferred annuity pension shall be tax ex empt.
Currently, the maximum commuted value permissible is one third of the maturity value.
3. Tax benefits are liable to change due to change in legislation or government notification. Aviva does not give any warranties on the
benefits available under the Income Tax Act, 1961, may be inforce currently or as amended.
4. Please note maturity proceeds under this plan would not be available for encashment in lumpsum - while there is an option to encash upto a
maximum of 1/3rd of the proceedings, balance uncommuted values has to be essentially utilised to purchase annuity from Aviva or any other Life
Insurance Company.