sankar P (supervisor) 11 June 2014

Lic insurance role in divorce case

Dear sir/Madam,

my wife is plan to get divorce against me. I am paying Life insurance premium in my name.

Can Honarable court will consider that LIC policy as an asset / or in maintenace part.

Also I have to Pay the Remaining Premium years to complete the policy, so can Hon'ble court will consider/ minus the amount form my take home pay salary (in maintenance part).

Kindly give me advice,

Thanks in advance,

Best Regards,

Shankar.

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4 Replies

Laxmi Kant Joshi (Advocate ) 11 June 2014

shankar court will consider your salary , your liablities like house loan premium , monthly medicines bills for yours and if father is not earning /pension then for your parents also , Lic monthly premium , your general expences towards your maintenance , etc .for calculating the maintenance amount for your non working wife and child if any .

1 Like

Gautam Kapoor (IT professional Studying Law) 11 June 2014

+ to add to what Joshiji has added you are legally liable to maintain your old age parents, their day to day expenditures , medical bills are all accounted.

T. Kalaiselvan, Advocate (Advocate) 11 June 2014

Payment of LIC premium on your life will be considered as standard deduction from your salary while computing the maintenance amount.

1 Like

R. K. Singh (Business) 27 July 2019

Originally posted by : laxmi kant joshi
	shankar court will consider your salary , your liablities like house loan premium , monthly medicines bills for yours and if father is not earning /pension then for your parents also , Lic monthly premium , your general expences towards your maintenance , etc .for calculating the maintenance amount for your non working wife and child if any .