Best Health Insurance for tax saving Under sec. 80D
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so i already have other means for health claim , however need health insurance primarily for the purpose of tax saving section 80D ,which would be better option(coverage , ease of claim ,additional benefit) as the finnacial year is closing by, investment benefit if any.
-also reward point for insurance premier paid
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Take a look at the tax benefit you can get by investing in health insurance.
| Scenario | Medical insurance premium paid for | Total deduction^ under Section 80D | |
|---|---|---|---|
| Self, spouse and dependent children | Parents (whether dependent or not) | ||
| If you and your parents are below 60 years of age. | ₹25,000 | ₹25,000 | ₹50,000 |
| If you and your family are below 60 years of age and your parents are above 60 years of age | ₹25,000 | ₹50,000 | ₹75,000 |
| If both, you and your parents, are above 60 years of age. | ₹50,000 | ₹50,000 | ₹1,00,000 |
did american express provide health insurance ? any specific benefit?
-which health insurance cover spectacle
I have Amex health insurance. 18k premium roughly for 15L individual cover..
They told me that lens for spectacles are covered under opd benefits but not the frame.
Can someone please explain something?
If I already paying 18K for insurance, how am I saving the tax here?
One can buy Money Back Health Insurance Plan, get deduction of 1 lakh. Save 30k on tax.
Try Ditto for advice on health insurance or term insurance. Loved their #NoSpam attitude.
If I had applied through policybazaar then my phone would have been buzzing all day.
however need health insurance purely for the purpose of tax saving section 80D
bad idea,isse acha donate money and claim 80g