Life insurance isn’t just about securing your family’s future—it’s also a smart tool for reducing your tax burden.
In 2025, the government continues to reward those who plan wisely.
Let’s explore the tax advantages and how Vizzve Finance helps you pick the best-fit life insurance for your goals.
📘 1. Tax Deduction Under Section 80C
💸 What You Get:
Deduct up to ₹1.5 lakh from your taxable income
Applies to life insurance premiums paid for:
Yourself
Spouse
Children (minor or adult)
✅ Conditions:
Policy must be active for 2 years minimum
Premium must be ≤ 10% of the sum assured (for policies issued after April 2012)
💡 Vizzve Insight:
Use Vizzve’s Section 80C Optimizer to combine insurance with ELSS, PPF, NPS for maximum tax benefit.
🧾 2. Tax-Free Payout Under Section 10(10D)
The money your nominee receives (or you, on maturity) is 100% tax-free if:
Premium ≤ 10% of sum assured
Policy is not a ULIP with high returns post new tax rules (April 2023 onward)
Exception:
If premiums exceed limits or fall under certain ULIP rules, payout may be taxed.
✅ Vizzve Helps You:
Simulate tax-free maturity values
Flag taxable ULIP scenarios in advance
📊 3. Life Insurance in the New Regime vs. Old Regime
| Plan Type | Old Regime | New Regime (2025) |
|---|---|---|
| Term Insurance | ✅ 80C benefit | ❌ No deduction |
| ULIP / Endowment | ✅ 80C + 10(10D) | ❌ Only maturity applies (taxable based on limits) |
| Returns Tax-Free? | ✅ If compliant | ✅ Selectively |
💡 Vizzve View:
If you’ve chosen the new tax regime, compare returns without 80C, using Vizzve’s Regime Calculator.
💼 Vizzve Finance Makes It Easy To:
🛠️ 1. Compare Life Insurance Plans
Across top insurers like LIC, HDFC Life, Max, ICICI, Bajaj, Tata AIA:
Term plans
ULIPs
Endowment & money-back policies
📉 2. Calculate Tax Savings in Real-Time
Use our Tax Planner Tool:
Input income & current deductions
Get optimized investment suggestions including insurance
🔐 3. Track Premium Due Dates & Benefits
Auto-reminders, e-policy locker, and maturity benefit alerts—all in one place.
📚 Drama Lama’s Life Insurance Moment (Mini-Fun)
🎭 Drama Lama was scared of taxes AND hospital bills.
So, he got a term insurance policy for ₹1 Cr at ₹500/month via Vizzve.
Guess what?
✔️ Saved ₹12,000 in tax under 80C
✔️ Slept peacefully knowing his family is protected
✔️ Didn’t forget premium—thanks to Vizzve alerts
Final Word:
Life insurance isn’t just a safety net—it’s a smart financial shield.
Whether you want tax savings, protection, or wealth creation, Vizzve Finance helps you compare, calculate, and choose wisely.
Call to Action:
💡 Looking to save tax before the financial year ends?
👉 Explore life insurance plans with Vizzve and start your protection + savings journey today.
published on 30 june
Publisher : SMITA
www.vizzve.com || www.vizzveservices.com
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RBI-Registered Loan Partner | 10 Lakh+ Customers | ₹600 Cr+ Disbursed.