See the tax advantages and downsides.

It is time for spring cleaning, but you may want to do more than mop the floors, tidy the closets, and cart old clothes to Goodwill. If you have an unneeded permanent life insurance policy, you may ...

Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...

If you’re reading this post, you survived the Thanksgiving holiday – hopefully, without much family drama.[i] Then again, there may have been moments, inspired by an overload of obligatory ...

Q. I am 35 years old and have invested in one LIC Jeevan Anand life insurance policy which has an annual premium of around 16000 annually for a sum assured of 3 lakhs. The term of the policy is 20 ...

Understanding LIC Surrender Value: A Complete Insurance Guide: By Harman Singh Understanding the LIC surrender value is essential for anyone holding a life insurance policy. The surrender value is the ...