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What is the Tax Benefit Available on Purchase of Health Insurance?

20

Aug, 2018

What is the Tax Benefit Available on Purchase of Health Insurance?

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It’s common knowledge that buying health insurance helps you to save tax. Under Section 80 D of the Income Tax Act 1961, you can get a maximum tax benefit of Rs.15000 on health insurance premium paid. The exemption limits are as follows: An individual can avail an annual deduction of Rs. 15000 from taxable income for health insurance premium paid for self and dependents. ‘Dependents,’ in this case, refers to spouse and children. In the case of senior citizens (aged 56 years and above), the annual deduction from taxable income […]

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How do I Avail Cashless Facility for My Health Insurance Policy?

3

Aug, 2018

How do I Avail Cashless Facility for My Health Insurance Policy?

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Cashless claim facility is a service that you can avail at network hospitals, which have a tie-up with your insurance company. This facility allows you to avail the best medical services without having to dispense cash out of your pocket. Cashless Claim Process: Approach the network hospital with your policy details. The hospital will verify the details provided by you and send a pre-authorization form to your insurance company. The insurance company will verify the pre-authorization request and convey the policy coverage and other details to the hospital. Now, the […]

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Extend Your Health Insurance Coverage with Extra Care Plus

2

Aug, 2018

Extend Your Health Insurance Coverage with Extra Care Plus

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According to a survey conducted by Bajaj Allianz on how happy people are with their existing health insurance plan, more than 60% participants reported that they fear that their health insurance plan may not suffice in case of a serious or long ailment. The reason for this is that most often the SI (Sum Insured) opted by you in a Health Insurance plan is quite low. Bajaj Allianz Extra Care Plus is a unique health insurance plan that allows you to extend your existing health insurance cover, in case you […]

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Why Health Insurance Penetration is Low in Indian Market?

26

Jun, 2018

Why Health Insurance Penetration is Low in Indian Market?

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The health costs in India are increasing slowly but surely. In recent times, a number of diseases have surfaced, some of which even proved fatal. The treatment costs of the diseases combined with the hospitalization and the medication charges are very high. While a few people somehow manage to bear these expenses, many of them succumb to their illnesses after receiving half or no treatment at all. Majority of the people who discontinue their or their relative’s ministration, are forced to take this difficult decision due to the lack of […]

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Digital Yoga: A New Age Yoga for Digital India

21

Jun, 2018

Digital Yoga: A New Age Yoga for Digital India

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On the profound suggestion of Indian Prime Minister, Mr. Narendra Modi, the UN Assembly declared June 21 as International Yoga Day in 2014. And so since 2015, every year June 21 is celebrated as International Yoga Day. Yoga exercises rejuvenate your mind, body and soul. There are countless Yoga Asanas which enhance your physical and mental well-being. The Yoga exercises benefit people of all ages, keeping them fit and healthy for lifetime. Digital Yoga is the best way to practice Yoga wherever and whenever you feel comfortable. Online videos by qualified […]

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World Blood Donor Day – Celebrate Life by Sharing & Caring

14

Jun, 2018

World Blood Donor Day – Celebrate Life by Sharing & Caring

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World Blood Donor Day is celebrated every year on June 14. The day marks the celebration of lives that have been made better due to blood donations. It also appreciates the heroes who have donated blood selflessly for saving life of people in need of blood transfusion and giving them gift of life. This celebration of sharing and caring for life aims to promote the awareness of the cause – blood and blood products donations. People with ailments like liver disease, severe infection, anemia, kidney disease, cancer, hemophilia etc. generally […]

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