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Premium Certificate for Aditya Birla Policy

This document is a premium paid certificate for Mr. Mirza Abedali Baig's life insurance policy numbered 002972543. It certifies that Rs. 1,47,787.21 was received towards the premium for the period of April 1, 2020 to March 31, 2021. The policy provides a sum assured of Rs. 1,23,3045 with quarterly premium payments of Rs. 1,47,787.21 under the BSLI Dream Plan. It notes various tax benefits available under sections 80C, 80CCC, 80CCD, and 80D of India's Income Tax Act for premiums paid towards life insurance and health insurance products.

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Mirza
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972 views2 pages

Premium Certificate for Aditya Birla Policy

This document is a premium paid certificate for Mr. Mirza Abedali Baig's life insurance policy numbered 002972543. It certifies that Rs. 1,47,787.21 was received towards the premium for the period of April 1, 2020 to March 31, 2021. The policy provides a sum assured of Rs. 1,23,3045 with quarterly premium payments of Rs. 1,47,787.21 under the BSLI Dream Plan. It notes various tax benefits available under sections 80C, 80CCC, 80CCD, and 80D of India's Income Tax Act for premiums paid towards life insurance and health insurance products.

Uploaded by

Mirza
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
  • Premium Paid Certificate
  • Company Footer Information

Premium Paid Certificate

Mr Mirza Abedali Baig Date : 12-10-2021

Ref: Policy No. 002972543

Your Policy details are as below


Policy Issue Date : 27-AUG-2018
Payment Mode : Quarterly

Coverage Sum Assured Modal Coverage Status


(Rs.) Premium (Rs.)
BSLI Dream Plan 1,23,3045.00 1,47,787.21 Premium paying (regular)

This is to certify that the following amounts have been received towards premium for the above policy for the
period 01-APR-2020 to 31-MAR-2021.

Effective Date of Premium (Rs.)


Deposit
12-OCT-2021 1,47,787.21
Total Received 1,47,787.21

Note
Income Tax benefits under Income Tax Act, 1961 ('Act') for premiums paid towards Aditya Birla Sun life Insurance products
for the current financial year:

1. Premium paid for life insurance plans and accidental death rider is eligible for deduction under Section 80C of the Act.
Deduction under Section 80C is available for the amount of premium paid in the current financial year.
2. Contribution towards pension fund is eligible for deduction under Section 80CCC of the Act.
3. The overall limit prescribed for deduction available under Section 80C, Section 80CCC and Section 80CCD of the Act
is Rs.1, 50,000.
4. Premium paid for Health Insurance policies and Health riders like Critical Illness rider and Surgical Care rider is eligible
for deduction under Section 80D of the Act up to maximum of Rs. 25,000/- or Rs. 30,000/-for senior citizens. In addition
to this, if the premium has been paid to insure parents is eligible for deduction under section 80D of the Act up to Rs.
25,000/- or Rs. 30,000/-for senior citizens.
5. The Annual premiums shown in the table is inclusive of coverage premium paid towards Riders (if any).

This letter is based on our understanding and interpretation of laws and does not express any opinion. Tax benefits are
available subject to fulfillment of conditions specified in the respective sections and to the extent of extant laws. As per the
Current provision of Section 194DA of the Act; the policy proceeds are subject to TDS if conditions prescribed under Section
10(10D) are not met. This is generic information of Tax laws. Please consult your tax advisor before taking the final position
regarding tax benefits. We do not accept any liability arising from the use of this document. The recipients of this material
should rely on their own investigations.

THIS IS A COMPUTER GENERATED STATEMENT AND DOES NOT REQUIRE A SIGNATURE


Aditya Birla Sun Life Insurance Company Limited
(Formerly known as Birla Sun Life Insurance
Company Limited)
Write to us at:Customer Service, Aditya Birla Sun Life Insurance
Company Limited, G Corp Tech Park, 6th Floor, Kasar
Wadavali,Ghodbunder Road, Thane - 400601. Regd Office: One
Indiabulls Centre, Tower 1, 16th Floor, Jupiter Mill Compound, 841,
Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013 +91 22
6723 9100 | [Link]@[Link] |
[Link] | CIN: U99999MH2000PLC128110 |
Regn. No.: 109.

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