Buying a health insurance policy is advantageous in many ways. It protects you from any major medical costs and is a good step towards planning a secure financial future. An added advantage of having a health policy is that you get a tax deduction under Section 80D of the Income Tax Act for the premium paid.
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Having proper health insurance has become important in the wake of the global pandemic. Here are 21 reasons why you NEED proper health insurance cover in 2021.
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A policyholder is eligible for tax exemption under Section 80D of the Income Tax Act for the premium paid.
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Illnesses like cancer, stroke, kidney failure, etc., are some of the examples of critical illnesses that have severe financial and health consequences.
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What happens if your medical costs for a year run over the Sum Insured by your policy?
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The No Claim Bonus (NCB) is a key feature of any insurance policy and is offered as a reward to the policyholder for not making any claims in a particular policy year.
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