Page 6 - Health Insurance Policy

Insurers can deny health insurance claims in case of incorrect disclosure

If you contract a disease few years after buying the policy, it is not mandatory to disclose it. But, if you want to increase the sum assured, then premiums could go up sharply

Planning to buy an insurance cover? Here is some advice on important issues

As for the query on income tax, you are allowed to claim a deduction of up to Rs 25,000 in each financial year, for the medical insurance premium that you pay

Reader's Corner: General Insurance

Medical expenses getting deducted due to limits/cappings under group health policy can be claimed under individual health policy

Opt for family floater with restoration benefits

It doubles cover at no extra cost in case existing sum insured is exhausted, and is also cheaper

Supplement your health insurance with top-up, critical illness covers

CI cover is useful if you have liabilities; top-up plans cover all diseases