Paragraph match score 89.1%
Page A-718
1. Unit Linked Insurance Plans (ULIPs)
Make sure to keep your annual investment in ULIPs up to 10% of the life cover.
Page A-771
Conditions for Tax Exemptions
Your annual investment in ULIP cannot be more than 10% of the life cover sum assured. This will also ensure tax deduction under section 80C of up to ₹1.5 lakhs. E.g. if you want to invest ₹10 lakh a year your life cover would be 1 crore in the ULIP plan.