Explain LIC's Jeeven Aadhar Plan
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→ Deduction from gross total income upto Rs. 75,000/- allowable on amount deposited with LIC under Jeeven Aadhar Plan for maintenance of an handicapped dependent ( Rs. 1,25,000/- where handicapped dependent is suffering from severe disability ).
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The plan provides life insurance cover throughout the lifetime of the purchaser. The benefits under the plan are for the handicapped dependant which are partly in lump sum
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