Category Archives: Health Insurance

Tax deduction for Senior Citizens On Bank FD Interest- Section 80TTB

Recently in 2018 budget, our finance minister adds a new column in the budget which was section 80TTB. This is a tax deduction section in which senior citizens can get the benefits of tax deduction of Rs. 50,000. This tax deduction applies to the interest coming from FDs for a senior citizen. Before this, there… Read More »

What are the Public Provident Fund Interest Rate 2018-2019

The public provident fund is one of the most preferred investment methods because of its tax-free option. A public provident fund is a 15 years product and it is one of the best investment methods. It was started by the government of India in 1968 with an interest rate of 4.8%. Public provident fund interest… Read More »

An Insight on the Taxation as well as other Financial Aspects of the Union Budget 2018-19

The Finance Minister Mr. Arun Jaitley has today declared the union budget for 2018. Some of the key points related to the taxation structure as well as Finance Structure of India are as follows: Financial year targets The Government has an aim for 2018-19 “fiscal deficit” target of 3.3 % of GDP. The revised fiscal… Read More »

Impact of GST Rates on Life Insurance, Health Insurance and Car Insurance Premium

Goods and Service tax (GST) have come into effect from July 1st, 2017. This tax reform system has certainly influenced the whole economics of India and almost all the consumer products/services. It is believed to be the biggest tax reforms since India’s independence. Financial experts are stating that, this new system is going to have… Read More »

Latest IRDA Health Insurance Regulations 2016–17

The Insurance Regulatory and Development Authority of India announced Health Insurance Regulations 2016 on 12th July 2016. Few positives were insured to the individuals to look for. Below is the brief description of these changes: Life Insurance Companies cannot Sell Mediclaim Policies There are two types of health policies in the insurance market. They are… Read More »

HDFC Life: Easy Health Plan Review

Health is the most important aspect of life. Due to the changing lifestyles, health issues have increased and has become complex in nature thus escalate extra financial burden on the family. Therefore it has become vitally important for everyone to have a health insurance. HDFC Life has introduced a health insurance plan and mediclaim policy… Read More »

Health Insurance: Hidden benefits that you should know

Health insurance is a method to help reimburse for health care expenditure. Similar to home insurance or car insurance, you can select from an assortment of plans for meeting your budget as well as health care requirements. Apart from this, people think that the health insurance only takes care of the hospital expenses. But in… Read More »

All you need to know about Maternity Insurance

For every couple the happiness of having a child is very huge but it comes with its own expenses. This starts with the maternity expenditures when delivery of baby is happened. Now a days it costs a lot of having a child, birthing and related services. This mainly includes surgery charges and hospitalization. Hence, it… Read More »