50, 000 in a year under section 80D, provided your parents are senior citizens. *Tax benefit is subject to changes in tax laws Pre-Existing Disease Cover: Health insurance plans consider pre-existing diseases, e.g. diabetes, hypertension, etc., for claims after an initial waiting period as...
Health plans allow tax advantages. Premiums paid for medical insurance policies for self, family and dependent parents qualify for tax deduction under Section 80D. The limit of deduction if INR 25, 000 for covering self and family and another INR 25, 000 for covering dependent parents. Moreover...
The absence of effective international regulation also allows middlemen to profit from the demand for children to adopt. G. The Hague Convention on Inter-country Adoptions is intended to regulate international adoptions. It states that these can only go ahead if the parents’ consent has been...
Health insurance premium paid offers tax deduction benefits under Section 80D of the income tax act, up to ₹25,000 each for family and parents and up to ₹50,000 for senior citizen parents. These 80D tax benefits are in addition to Section 80C tax deductions of ₹1.5 lakhs. ...
Thehealth insurance plans(mediclaim plans) are available to persons between age of 5 and 80 years. Children between the age of 3 months and 5 years can be covered provided one or both parents are covered concurrently. The policy is available only for allopathy, ayurvedic and unani systems of...
There's still lot more we have for you! All our policies are eligible for claiming deduction for Tax Benefit under section 80D, Floater Cover, Ambulance expenses covered, Organ donor medical expenses covered, Domiciliary hospitalization covered 7.5% Discount on 2 year policy terms, online instant ...