KNOW ALL ABOUT : Health insurance
Most financial planners suggest making a health insurance plan to be the starting point of all financial plans. Even before one starts investing towards one’s goals, getting an adequate health insurance cover for self and family helps. Read more about them in these ET articles.
Health insurers feel the brunt as Covid claim amounts triples to Rs 562 cr in a month
Maharashtra, the state with the highest number of cases, alone reported 15,753 claims worth ₹19...
Health insurance sees growth, motor hits speed breaker as sales vanish
The health segment overall growth was at 9.2 per cent YoY.
Post coronavirus, millennials realise importance of comprehensive health insurance cover: Survey
This rising awareness about health protection among millennials is a rare positive outcome of Covid that has been captured by the Max Bupa Health Insurance survey.
Health insurance claims not contestable after 8 years of premium payment: Irdai
Health insurance companies will not be allowed to contest claims once the premium has been paid for a continuous period of eight years, regulator Irdai said in a fresh set of guidelines.
YES Bank's FD is providing free health insurance for coronavirus: Should you invest?
If we compare YES Bank's FD interest rates with those offered by other large private-sector banks such as ICICI Bank and HDFC Bank, YES Bank is offering a higher interest rate of up to 7.25 per cent on one-year FDs.
Tax optimiser: IT Professional Agarwal can cut tax by Rs 26,000 via health insurance, perks
ET Wealth tells readers how they can optimise their tax by rejigging their income and investments.
Govt to provide Rs 50 lakh health insurance per health care worker for 3 months due to Coronavirus
If any of the frontline health workers are diagnosed as coronavirus positive, they would be able to get claims settled for up to Rs 50 lakh under the health insurance cover scheme proposed by the government for three months.
Can NRIs save tax through health insurance bought in India?
An NRI is allowed to buy a health insurance policy in India to secure their health as well as that of their family members. Most Indian health insurance policies provide treatment only within the boundaries of India.
IRDAI considers allowing life insurers to offer indemnity health insurance plans
Indemnity-based health plans are basically those insurance policies where the insured is reimbursed the actual expense incurred during hospitalisation up to the total sum insured under the policy.
Tax optimiser: NPS, health insurance can help Kohli save Rs 33,000 tax
Not only should you ask your employer for the NPS benefit, but you should also invest in the scheme on your own. You can reduce your tax outgo significantly.
These I-T sections will allow you save tax via life, health insurance using existing tax regime
Although it is advised not to use insurance solely for the purpose of tax saving, under the existing regime there are various tax sops that allow you to save tax via life and health insurance.
New tax regime: Life, health insurance may lose lure as tax sops turn optional
Stocks on insurance companies fell following the budget announcement. Insurers say insurance was always a push product and now with the key incentive “tax” being removed not many might think of financial protection and fiscal prudence.
Hike in tax sop for health insurance premium sought in Budget 2020
With the rise in healthcare costs, the tax exemption limits can be further increased by 20% for self and dependent parents each. This will provide a huge relief in terms of disposable income and help increase the penetration of health insurance.