What is 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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LIC Jeevan Aadhar Plan is a special category plan as it is a Life Insurance Policy especially for Handicapped dependents. It is basically a Limited Payment Whole Life Plan can be utilised as a long term annuity plan after death of the Life Insured.
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