Individual health insurance involves one individual acquiring well being protection, primarily based on the individual’s prior health history. My mother and father are the image of well being but retired and paying by means of the nostril for healthcare because of silly preconditions and their age. If anybody in your family occurs to be of 60 years of age or older, you may claim up to Rs. 30,000 tax deduction on your well being coverage’s premium. If you’re receiving treatment for one thing you had earlier than joining up for medical insurance, or that has been identified as an endorsement or exclusion in your policy, you will have to take the self-pay route and fund the therapy your self. Once accepted, you get free, by appointment solely, healthcare from family care to specialists, dental and drugs.
Hindu Undivided Families (HUF) can claim tax deductions for insuring members of the HUF. …Read More