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Health Insurance

The cost of medical treatment is rising as days are passing by. As the age of human being or family size increase, medical expenses tend to rise significantly. Without a suitable health cover in place, medical expenditure can drain liquid assets and create a lasting impact on one’s financial plan. That is why, it is advised to purchase a suitable and appropriate health insurance policy, under which the cover is available for medical expenses incurred due to various health hazards.

 

The premium paid towards a health insurance policy provides tax rebates under one or more of Sections 80 D, 80DD and 80 DDB of Income Tax Act, 1961.