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29th February 2016, 03:27 PM
Super Moderator
 
Join Date: May 2012
Re: Bajaj Allianz Health Insurance

Bajaj Allianz offers a range of affordable health insurance plans. Our health plans are custom made to protect you against the rising healthcare costs. We have the highest claim settlement ratio among private insurers. This includes health insurance products designed to meet specific requirements, such as
individual health insurance,
family health insurance,
health insurance for senior citizens,
top-up health insurance cover.

Tax saver Premium paid for the Heath Insurance :

In individual can avail an annual deduction of Rs.15000 from taxable income for health insurance premium paid for self and dependants. 'Dependents,' in this case, refers to spouse and children.
In the case of senior citizens (aged 60 years and above), the annual deduction from taxable income goes up to Rs.20000.

But here's a tidbit that might help you save more tax than you think:
If you are paying the premium for your parents' health insurance, you can claim an additional tax benefit up to Rs.15000 under the provisions of Section 80D.
If your parents are senior citizens (aged 60 years and above), the benefit goes up to Rs.20000


Conditions of the Heath Insurance :
You cannot claim tax benefit on health insurance premium paid for your in-laws.
Proof of payment of premium has to be furnished, in order to avail the tax benefit.
The health insurance premium must be paid from your taxable income of that year only if you want to claim a deduction.

for more details you may contact to the Bajaj Allianz customer care service the number is : 1800-209-5858


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