Here's how you can buy health insurance for your parents and claim tax-saving benefits at work
If your parents are aged below 60, you can claim a deduction of up to Rs 25,000 and if they are above 60, the maximum deduction goes up to Rs 50,000
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If your parents are aged below 60, you can claim a deduction of up to Rs 25,000 and if they are above 60, the maximum deduction goes up to Rs 50,000
According to a WHO report, environmental risks cause 12 per cent of the global disease burden, with air pollution ranking first
There are several benefits you will get for buying a health insurance policy in your 30s. You will get a comprehensive health insurance cover at an affordable price. How much health insurance coverage do you need in your 30s? What are the things to look at while buying health insurance cover? ET Wealth Online explains
As you know, insurance is already very complex. If you go and buy a term plan, there are a lot of variants. If you go and buy ULIPs also, there are lots of options and similarly choosing a health plan is also a tedious task. You need to take care of a lot of things.
It is a very simple product usually used for retirements. What happens in annuities, you pay a certain amount to the insurance companies and they in turn promise to pay you a monthly or an annual income or a quarterly income.