Are Health Insurance Premiums Tax Deductible?

What is the income tax relief provided by the health insurance policy?

There are certain income tax deductions available for people purchasing health insurance policies. The income tax relief is provided by the GOI to encourage more number of people buying health insurance policies. Below are the income tax exemptions available if a health insurance policy is purchased.

As mentioned above the minimum tax exemption under your health insurance policy is Rs.25k and the maximum tax exemption is Rs.60k. Further tax exemption can be availed through family health checkups.

Is Medical Insurance Tax Deductible?

Yes, the government promotes medical insurance by offering tax deductions on the premium paid for them, under Section 80D of the Income Tax Act, 1961. The benefit is available to individuals or families on medical insurance premiums paid.

Is Health Insurance Tax deductible?

Yes, the government promotes health insurance by offering tax deductions on the premium paid for them, under Section 80D of the Income Tax Act, 1961. The benefit is available to individuals or families on health insurance premiums paid.

How to calculate my premium using health insurance premium calculator?

Health insurance premium calculator can be used to find the premium to be paid by you for your health insurance policy. The best Health Insurance plans are available on our portal. The health insurance calculator takes into consideration the age of the proposer and the coverage required before displaying the premium. The online health insurance premium calculator is easy to use and the premium comes within a few seconds after entering the data. The online health insurance calculator displays premium from different health insurance companies and the best health insurance policy can be chosen by the proposer.

How to Download Oriental Health Insurance Premium Payment Receipt Online?

The Process of downloading the Oriental health insurance premium payment receipt online is quite simple and easy. You can download your National Health Insurance Premium Payment Receipt Online by following these steps:

1. Visit the official Website of the Oriental General Insurance Company.
2. Go to “Customer Services”
3. Enter the required details such as mobile number or email id, etc.
4. click on the “Submit” button
5. Or if you are an existing customer of PolicyBachat it will be done very easily by contacting our customer care number to request for it to be mailed to you instantly.

How to Download Raheja QBE Health Insurance Premium Payment Receipt Online?

The Process of downloading the Raheja QBE health insurance premium payment receipt online is quite simple and easy. You can download your Raheja QBE Health Insurance Premium Payment Receipt Online by following these steps:

1. Visit the official Website of the Raheja QBE General Insurance Company.
2. Go to “Customer Services”
3. Enter the required details such as mobile number or email id, etc.
4. click on the “Submit” button
5. Or if you are an existing customer of PolicyBachat it will be done very easily by contacting our customer care number to request for it to be mailed to you instantly.

How to Download Reliance Health Insurance Premium Payment Receipt Online?

The Process of downloading the Reliance health insurance premium payment receipt online is quite simple and easy. You can download your Reliance Health Insurance Premium Payment Receipt Online by following these steps:

1. Visit the official Website of the Reliance Health Insurance Company.
2. Go to “Customer Services”
3. Enter the required details such as mobile number or email id, etc.
4. click on the “Submit” button
5. Or if you are an existing customer of PolicyBachat it will be done very easily by contacting our customer care number to request for it to be mailed to you instantly.

How to Download Royal Sundaram Health Insurance Premium Payment Receipt Online?

The Process of downloading the Royal Sundaram health insurance premium payment receipt online is quite simple and easy. You can download your Royal Sundaram Health Insurance Premium Payment Receipt Online by following these steps:

1. Visit the official Website of the Royal Sundaram Health Insurance Company.
2. Go to “Customer Services”
3. Enter the required details such as mobile number or email id, etc.
4. click on the “Submit” button
5. Or if you are an existing customer of PolicyBachat it will be done very easily by contacting our customer care number to request for it to be mailed to you instantly.