Bajaj Allianz
Service:1800-209-5858   |   Sales: 1800-209-0144

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?

By: | Tags: , , , , , , | Comments: 9

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 […]

READ MORE
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?

By: | Tags: , , , , , , , , | Comments: 83

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 […]

READ MORE
Extend Your Health Insurance Coverage with Extra Care Plus

2

Aug, 2018

Extend Your Health Insurance Coverage with Extra Care Plus

By: | Tags: , , , , , , , , , | Comments: 0

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 […]

READ MORE
How Motor Insurance Add-on Covers Can Benefit You

31

Jul, 2018

How Motor Insurance Add-on Covers Can Benefit You

By: | Tags: , , , , , , , , , , | Comments: 3

A comprehensive motor insurance policy covers you for basic risks that may hamper your financial stability. However, you can enhance the coverage of your basic motor insurance policy by including add-on covers. These additional covers can help you minimize your out-of-pocket expenses further and provide you more benefits than a regular comprehensive motor insurance policy. Imagine this, you are driving with your colleague to reach a client’s office, to attend an important meeting. But unfortunately, you get a flat tyre just after you have left the office building. In such […]

READ MORE
Sustainable Development on this International Day of Families

15

May, 2018

Sustainable Development on this International Day of Families

By: | Tags: , , , , , , , , | Comments: 0

Every year 15th of May is observed as the International Day of Families. The UN General Assembly in 1993 passed a resolution to celebrate this day every year in the month of May. The idea was to spread awareness about the issues faced by families and to contemplate the importance of family values that bring about social reforms. This year, the International Day of Families is all about promotion of peaceful and inclusive societies for sustainable development. Issues such as inclusion of ethnic minorities, families with lower income, immigrants, families […]

READ MORE
INDIVIDUAL CYBER SAFE INSURANCE FAQs SERIES: PART TWO

6

Mar, 2018

INDIVIDUAL CYBER SAFE INSURANCE FAQs SERIES: PART TWO

By: | Tags: , , , , , | Comments: 0

In the first part of this FAQ series, we covered generic questions that we receive with regards to our first of its kind Individual Cyber Safe Insurance Policy in the Indian Insurance sector. In this article, we cover further questions that you may have regarding individual covers available in the policy. Does Identity theft also cover court award in addition to legal costs? Identity Theft only covers legal costs – defense cost if you have been sued by any third party and prosecution cost in case you decide to file […]

READ MORE