Close ILTakeCare Suggestion
IL TakeCare app – For all your insurance & wellness needs

Policy purchase, claims, renewal & more

 
  • Symptoms of Parkinson's Disease

    by iciclombard 01 | Dec 18, 2023

    Parkinson's disease impacts the nervous system, gradually affecting various bodily functions. The early signs of this condition can be subtle, often going unnoticed until they become more pronounced. Typically, the initial indication is a barely perceptible tremor in one hand, though other symptoms may also manifest. Parkinson's disease's early symptoms progressively worsen over time, making early detection and intervention crucial.

     

    In this blog, we will discuss Parkinson’s symptoms so that you can go for timely treatment.

     

    What are the Symptoms of Parkinson's?

    Parkinson's symptoms can vary from person to person, but they generally follow a pattern. Here are the primary symptoms associated with this condition:

    • Tremor

    A rhythmic shaking, known as a tremor, frequently begins in a limb, typically in the hand or fingers. It may resemble a pill-rolling motion and can occur when the affected limb is resting. Tremors may diminish during purposeful movements.

    • Slowed movement (Bradykinesia)

    Over time, Parkinson's disease can reduce movement speed. Everyday tasks like walking or standing up from a chair may become challenging as your steps become shorter and your gait less fluid.

    • Rigid muscles

    Stiffness can affect any part of your body and can be painful and restrictive. Range of motion becomes limited, making everyday activities increasingly difficult.

    • Impaired posture and balance

    Many individuals with Parkinson's experience stooped posture or balance issues, leading to falls or instability while walking.

    • Loss of automatic movements

    Unconscious movements like blinking or swinging your arms while walking may become more challenging.

    • Speech changes

    Speech may become soft, quick, slurred, or hesitant. Individuals may also exhibit a more monotone speech pattern than usual.

    • Writing changes

    Writing may become difficult, and handwriting may appear smaller and less legible.

  • 6 Ways to De-Stress Without Leaving Your Chair

    by icicilombard 002 | Dec 15, 2023

    Learn how you can ace at work without stress. Ever experience blurred vision, watery eyes, or pain behind the neck? Often feel exhausted and sluggish at the end of the day, even without much physical exertion? These could be your body's way of telling you that you have been sitting for long hours at a stretch at your work desk, impacting not only your productivity but also your overall well-being. Consider incorporating simple exercises, stretching routines, and mindfulness techniques into your daily routine. Additionally, ensure to take short breaks to stand, stretch, and walk around. Prioritizing your health through regular movement is crucial, and you may also explore options for comprehensive health insurance coverage to address any arising concerns and ensure your well-being in the long run.
    Working without breaks can be counterproductive and might result in stress. Here are some simple ways in which you can de-stress yourself without getting away from your desk:

    1. Gaze out of your window


    In school, we were told not to gaze out of the window while classes were going on. However, sometimes that is just what your mind needs for rejuvenation and regained focus.
    If your thoughts happen to drift away, take a short break. Allow your thoughts to flow. The sub-conscious works in mysterious ways; you just might find the solution you were looking for, in the midst of your daydreaming.

    2. Doodle Away


    Whenever you panic over an important assignment, or hyperventilate over an impossible deadline, take a pen and paper and let your right brain go crazy. Make some cartoons or just draw whatever comes to your mind.
    Meanwhile, your left brain takes a break so you can start fresh with your work once again. Remember, you want to relax, not add to your stress. So don't worry about how your picture or sketch turns out, even random squiggles can help!

    3. Meditate


    While it may seem boring, meditation has been proven quite effective to manage your mind. Simply close your eyes and take deep breaths.
    If you are unable to concentrate with your eyes closed, then look at soothing images or listen to relaxing music. The sound of flowing water is known for its calming effect. Perform better in meetings or achieve deadlines with a clear head.

  • Disease-specific Insurance Plans Becomes Popular In Hyderabad

    by icicilombard 002 | Dec 13, 2023

    With the count in cases of deadly diseases such as dengue and cancer on the rise, the popularity for disease-specific insurance plans is increasing in the city of ‘Nizams’. The health insurance firms have started floating disease-specific plans for their customers. In addition to the health insurance policy that encompasses a myriad of diseases, these disease-specific plans come with protection from deadly diseases, which are otherwise excluded in general healthcare plans.

    The experts say that, apart from increasing cases of these diseases, the popularity of these plans are also high, due to the high treatment costs that is involved with it. According to rough estimates, the healthcare expenses for dengue can easily touch ₹1 lakh and more depending on the severity. Whereas treatment for cancer and other such severe diseases cost no less than ₹3-5 lakh.

    Industry insiders noted, while these trend of disease-specific policies were introduced about 3 years ago, it has picked up pace in Hyderabad only now. Apart from cancer and dengue related policies, diabetic and cardiac insurance plans are also being purchased in substantial numbers in the city. Firms are also seen rolling out special policies for HIV/AIDS, kidney diseases, neuro disorders etc.

  • IRDAI Clears Way For More Health Insurance Benefits To Newborns

    by icicilombard 002 | Dec 13, 2023

    In what is sure to be good news for parents of new-born babies admitted to neonatal ICUs, the Insurance Regulatory and Development Authority of India (IRDAI) has termed the definition of a newborn as a “baby born during the policy period and aged up to 90 days” in the realm of health insurance.

    This definition has also been conveyed to the Newborn Medical Insurance Committee of the National Neonatology Forum (NNF), a body that has been fighting relentlessly for providing health insurance coverage to newborns.

    Prior to this communication by IRDAI, insurance benefits for newborns were limited to vaccination in the first 90 days of the baby’s birth, that too in family health insurance policies having newborn coverage. By defining the term ‘newborn’, IRDAI has ensured that a newborn can avail the health insurance benefits from the time of birth itself.

    The move comes at a time when the medical fraternity is worried over the rising cases of neonatal complications, and the dismal health insurance coverage provided to newborns. Treatment for the little ones is expensive and can range from ₹15,000 to ₹25,000/day.

  • Single Disease Specific Covers Surging After Rise in Dengue Cases

    by icicilombard 002 | Dec 12, 2023

    A rise in dengue cases in the National Capital Region (NCR) has led to insurance companies offering single disease-specific covers. These covers will not only cover dengue but also other critical illnesses including cancer, diabetes, and hypertension.

     

    Most health insurance policies launched after 2014-2015 cover dengue under the umbrella. However, policies launched prior to 2014-2015 are offering add-ons against diseases like dengue.

     

     

    ICICI Lombard General Insurance is offering add-on covers for dengue and chikungunya for all health insurance policies launched and issued prior to 2014-2015. Quoting Sanjay Datta, Chief of Underwriting and Claims, ICICI Lombard General Insurance, “For our newer policies, like Complete Health Insurance and Health Booster we have inpatient coverage for all vector-borne diseases including dengue and chikungunya. Besides allopathic treatment, the insured has the choice to undergo inpatient AYUSH treatment.”

  • Tax Benefits of Health Insurance

    by icicilombard 002 | Dec 11, 2023

    Insuring health comes with a distinct advantage of tax benefit. Premium paid on health insurance policy is tax-deductible under section 80D of the Income Tax Act, 1961.
     The current law states that an individual or Hindu Undivided Family (HUF) can claim deduction for premium paid on medical insurance policy. Read on to know more.

    What is section 80D?

    Section 80D of the Income Tax Act allows taxpayers to claim deductions on premiums paid for medical insurance. This benefit applies to policies covering oneself, family members, and dependent parents. The deduction helps reduce taxable income, making health insurance a smart financial and health investment.

    What are the tax benefits of health insurance?

    Financially safeguarding policy takers from sudden medical emergencies and tax saving. With increase in limits of deduction under section 80D from the year 2015-16, policy takers will benefit with increased tax savings.

    Tax benefits of medical insurance include:

    • Deductions on premiums paid for self, spouse, children, and parents.
    • Additional deductions for senior citizens.
    • Preventive health check-up expenses are included under Section 80D.
    • Savings on taxable income, reducing overall tax liability.

    How much health insurance tax benefit under section 80D can be claimed by you?

    Section 80D provides tax relief based on who is covered under the medical insurance policy. Individuals can claim deductions for premiums paid for:

    1. Self, spouse, and dependent children – Up to ₹25,000 per year.
    2. Parents below 60 years – Additional ₹25,000 deduction.
    3. Parents above 60 years – Additional ₹50,000 deduction.
    4. HUF and non-resident individuals (NRIs) – Eligible for deductions under this section.

    Health insurance tax benefits on multi-year policies

    If you purchase a medical insurance policy for multiple years, the premium can still be claimed as a tax deduction. The total premium amount is equally divided across the policy tenure, and deductions can be claimed accordingly.

    For example, if you pay ₹60,000 for a three-year policy, you can claim ₹20,000 per year under Section 80D.

    Factors to be considered while finalising a health insurance plan

    When choosing health insurance, consider the following factors:

    • Coverage amount – Ensure that the sum insured is adequate for medical emergencies.
    • Inclusions and exclusions – Read and carefully understand what is included and what is not.
    • Cashless network hospitals – Check if your preferred hospitals are included.
    • Waiting period – Consider pre-existing disease coverage timelines.
    • Premium costs – Balance affordability with benefits.

    Choosing the right policy, especially for medical insurance for parents, is crucial to securing quality healthcare while maximising tax benefits.

    What documents do I require to claim medical insurance tax benefits under section 80D?

    To claim tax deductions, you must provide:

    • Premium payment receipt – Proof of premium payment.
    • Policy document – Mentioning the insured individuals.
    • Bank or credit card statement – Proof of payment.
    • PAN or Aadhaar details – For verification during tax filing.

    Conclusion

    Investing in medical insurance offers dual benefits—financial protection and tax savings. With Section 80D deductions, individuals can reduce their taxable income while ensuring healthcare security for themselves and their loved ones. Whether purchasing a policy for yourself or opting for medical insurance for parents, it’s important to understand these tax benefits and choose the right plan that provides comprehensive coverage while optimising savings.


    Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

  • List of Cashless Network Hospitals in Silvassa

    by icicilombard 002 | Dec 11, 2023

    ICICI Lombard Health Insurance Cashless Network Hospital List in Silvassa, Dadra and Nagar Haveli

    Explore ICICI Lombard’s health insurance plans :

    which offers people much needed financial backup during any medical emergencies.

  • List of Cashless Network Hospitals in Rajnandgaon

    by icicilombard 002 | Dec 11, 2023

    ICICI Lombard Health Insurance Cashless Network Hospital List in Rajnandgaon, Chhattisgarh

    Explore ICICI Lombard’s health insurance plans :

    which offers people much needed financial backup during any medical emergencies.

  • List of Cashless Network Hospitals in Raipur

    by icicilombard 002 | Dec 11, 2023

    ICICI Lombard Health Insurance Cashless Network Hospital List in Raipur, Chhattisgarh

    Explore ICICI Lombard’s health insurance plans :

    which offers people much needed financial backup during any medical emergencies.

  • List of Cashless Network Hospitals in Raigarh

    by icicilombard 002 | Dec 11, 2023

    ICICI Lombard Health Insurance Cashless Network Hospital List in Raigarh, Chhattisgarh

    Explore ICICI Lombard’s health insurance policies :

    which offers people much needed financial backup during any medical emergencies.

  • List of Cashless Network Hospitals in Korba

    by icicilombard 002 | Dec 11, 2023

    ICICI Lombard Health Insurance Cashless Network Hospital List in Korba, Chhattisgarh

    Explore ICICI Lombard’s health insurance plans :

    which offers people much needed financial backup during any medical emergencies.

  • Causes of Cerebral Palsy Disease

    by iciclombard 01 | Dec 10, 2023

    Cerebral palsy is a disorder that affects a person's movement, muscle tone, balance, and posture. It is caused by damage or abnormality in the brain, usually before, during, or shortly after birth. Cerebral palsy can significantly impact the quality of life of the affected person and their family. Let's explore some possible causes of cerebral palsy and how they can affect brain development.

     

    What are the Causes of Cerebral Palsy?

    Here are some key reasons of Cerebral Palsy

    Brain Damage Before or After Birth

    • Brain damage during pregnancy due to infections, lack of oxygen, or problems with blood flow.
    • Brain injuries during childbirth, especially if it is a complicated delivery.
    • Brain damage that occurs in the early years of life.

     

    Infections During Pregnancy

    • Certain diseases like rubella (German measles) or cytomegalovirus can harm the developing baby's brain.

     

    Premature Birth

    • Babies born too early may have underdeveloped brains, increasing the risk of Cerebral Palsy and can be the cause of cerebral palsy in the child.

     

    Genetic Factors

    • Genetic factors can sometimes play a role, although it's not usually the primary cause.

     

    Multiple Births

    • Twins, triplets, or more are at a higher risk because of the potential for complications during pregnancy or birth.

     

    Jaundice and Rh Incompatibility

    • Severe jaundice or Rh incompatibility between the baby and mother can lead to brain damage if not treated promptly.

     

    Head Injuries

    • Traumatic head injuries, like those from a car accident or a fall, can result in Cerebral Palsy.
    • The kind and seriousness of cerebral palsy can change based on when, where, and the extent of the brain damage. There are various forms of cerebral palsy, such as:

     

    • Spastic cerebral palsy is the most common type, characterised by stiff and tight muscles that cause difficulty in movement and coordination.

     

    • Dyskinetic cerebral palsy: It is characterised by involuntary movements that can affect the face, mouth, arms, legs, or trunk

     

    • Ataxic cerebral palsy: It causes issues with balance and coordination that can affect walking and fine motor skills

     

    • Mixed cerebral palsy: It arises when a person has a mix of two or more types of cerebral palsy
  • Causes of celiac disease

    by iciclombard 01 | Dec 10, 2023

    Celiac disease is an autoimmune condition which attacks your gut system when you eat gluten. Basically, it is a condition of major intolerance to gluten – a protein primarily found in a wide range of grains like wheat, barley, rye etc. This protein does not offer any necessary nutrients and people with celiac condition can get heavily triggered by it. Over time this trigger damages the internal lining of the small intestine and does not allow you to absorb nutrients, leading to malabsorption. This blog dwells on the causes of celiac disease in adults.

    How is celiac disease in adults caused?

    Let us directly dive into understanding the causes of celiac disease. While the exact cause of celiac disease is not well defined, medical science has effectively four primary triggers or causes of celiac disease in adults as well as children, which are discussed below -

    • Genetics – Research and study shows that one of the primary causes of celiac disease is genetic mutation. This means this autoimmune condition is passed on to an individual through family lines. However, note that the presence of the concerned genetic mutation does not necessarily imply that the individual will develop celiac disease or vice-versa.
    • Physical stressful event – While there is no definitive or precise pattern to this, sometimes major physical stress can also be the cause of celiac disease in adults. Physically straining events like major surgery, a major illness or even pregnancy can cause celiac disease.
    • Gastrointestinal infections – This is a common but again a highly non-definite cause of celiac disease. In several cases of gastrointestinal infections, the affected person has been found to develop the celiac condition. It is non-definite in the sense, that gastrointestinal infections can vary well lead to celiac disease and in many cases, it may not.
    • Bacteria in the gut – Some studies and observations have indicated that sometimes celiac disease may be caused by the bacteria, or the microorganisms present in the gut. Their presence may trigger an avid intolerance against gluten and may cause celiac disease.

    Conclusion

    While these causes of celiac disease are not precise, the above discussion will help you gain a fair understanding of what are the causes of celiac disease in adults. This will however make you prepared to understand what treatment you should avail of in case you develop celiac disease. Having a suitable health insurance plan can help cover the costs of diagnostic tests, dietary consultations, and ongoing treatments, ensuring that managing celiac disease is both accessible and affordable.

     


    Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

  • Treatments for Coeliac Disease

    by iciclombard 01 | Dec 10, 2023

    Coeliac disease is a chronic condition affecting the digestive and immune systems. It occurs when the body reacts to gluten. You must be wondering what gluten is. It is a protein in barley, wheat, and rye. Gluten triggers an inflammation in the small intestine. It then damages the villi, the finger-like projections that help absorb food nutrients. This may cause various symptoms and complications, such as diarrhoea, bloating, weight loss, anaemia, osteoporosis, skin rashes and neurological problems. Coeliac disease is not curable, but you can manage it with a strict gluten-free diet and proper coeliac disease treatments.

     

    Coeliac Disease Treatment 

    Here are some common coeliac disease treatments

    • The best way to handle coeliac disease is by always eating foods without gluten. That means saying no to anything with wheat, barley, rye, and some oats. Refrain bread, pasta, cereals, cakes, cookies, and certain sauces. You can easily find gluten-free alternatives in the market. 

     

    • Sometimes, people with coeliac disease might have to take extra vitamins and minerals like iron, calcium, folic acid, and vitamin D. That is because malabsorption can lead to shortages of these nutrients, which can harm your health differently. Taking these supplements can return these levels to normal and stop or treat issues like anaemia and weak bones.

     

    • Some people need medication for specific symptoms or complications. For example, anti-diarrhoeal drugs can help control diarrhoea. If you are dealing with gut pain and swelling, use anti-inflammatory drugs. Similarly, corticosteroids can help treat severe inflammation or skin rashes. However, use these medicines only under medical supervision.

     

    • Some people follow a lactose-free diet or take lactase enzyme supplements. Lactose intolerance can develop due to damage to the gut lining. Lactose is a sugar found in milk and dairy products, which requires lactase enzymes to digest. Lactose intolerance results in abdominal pain, bloating, gas and diarrhoea. 
  • Causes of Crohn's Disease

    by iciclombard 01 | Dec 10, 2023

    Crohn's disease is a severe condition that causes inflammation and irritation in the digestive tract. Although it can affect any part of the digestive system, including the mouth and the anus, the small and large intestines are most frequently affected. Abdominal discomfort, diarrhoea, weight loss, and rectal bleeding are just a few of the symptoms that Crohn's disease can produce. Complications like fistulas, abscesses, ulcers, and intestinal blockage can also result from it. While there is no recognised treatment for Crohn's disease, there are methods to control the signs and lessen the inflammation. Understanding the causes for Crohn's disease

     

    What are the Causes of Crohn’s Disease?

    The specific Crohn's disease reason is not known, but a combination of factors may influence it, such as

     

    • Genetics: Sometimes, it runs in families. You might be at a higher risk if your close relatives have Crohn's.

     

    • Immune System: Your immune system usually fights off harmful elements, like germs. But Crohn's can get confused and attack your intestines, causing inflammation.

     

    • Environmental Factors: Crohn's disease etiology also includes some lifestyle or environmental aspects like smoking or certain infections. These can increase your chances of getting Crohn's.

     

    • Gut Bacteria: You have tons of friendly bacteria in your gut. Sometimes, an imbalance can trigger Crohn's.

     

    • Diet: While diet alone doesn't cause Crohn's, it can play a role. Some foods might make symptoms worse.

     

    • Stress: Stress doesn't cause Crohn's but can worsen symptoms or trigger flare-ups.

     

    • Medications: In rare cases, certain medications can lead to Crohn's as a side effect.

     

    • Age and Ethnicity: Crohn's disease is often seen in young adults but can affect people of any age. It is more common in some ethnic groups.

     

    • Smoking: Smoking poses a significant risk, particularly when it's the onset of Crohn's disease or its symptoms start worsening.
  • Treatment of Croup Disease

    by iciclombard 01 | Dec 10, 2023

    Croup disease is a condition that affects your breathing and voice. It happens because a part of your throat called the larynx gets swollen and narrow. This swelling makes it harder for air to pass through, making breathing difficult, especially at night. A cough that resonates like a barking seal is a distinctive sign of croup, which is why it is also called a barking cough. It can be scary, but with proper care and the right barking cough treatment, most people with this condition get better within a few days.  

     

    What are the Treatments of Croup?

    Discussed below are some of the common treatments of Croup –

     

    • Steamy Bathroom: Steamy bathroom is considered an effective treatment of Croup. Turn on the hot shower and allow the shower area to fill with steam. The warm, moist air can ease the swelling in the throat, making breathing easier.

     

    • Cool Mist Humidifier: Running a refreshing mist humidifier in your room can also help. It adds moisture to the air, which can soothe their throat.

     

    • Stay Calm: It is necessary to stay calm because when your child sees you are worried, it can make their breathing even more difficult. Calm them and reassure them that everything will be okay.

     

    • Medicines: In some cases, a doctor might prescribe Croup medication to reduce the swelling in the throat. In severe cases, they may also give a medicine called epinephrine to open up the airways quickly.

     

    • Rest: Rest is crucial. Make sure your child gets plenty of it. They need to save their energy to fight off the croup.

     

    • Hydration: Encourage your child to drink fluids like water or juice. Staying hydrated helps the body heal faster.

     

    • Avoid Irritants: Keep your child away from smoke or other things that can irritate their throat.
  • Medical Insurance Premiums and Tax Exemption in India

    by icicilombard 002 | Dec 08, 2023

    Health insurance is one of the most popular plans sold in India. With health being one of the major concerns across the nation and endorsements by insurance companies doing rounds, people have realized the importance of getting insured.

    Most people buy a health insurance plan to ensure prompt financial help in the times of emergencies. Rising medical costs is also a major concern. The plan offers cover against the hospitalization bills, medications, ambulance charges, cashless facilities and a lot more. Another major benefit offered by health insurance companies is tax exemption on premium paid.

    In India,medical insurance premiums are subject to income tax exemption under section 80D. This is applicable on health insurance premium paid for personal, spouse, children and dependents parents. The exemption is recorded under the Income Tax Act of India.

    Health insurance, also popularly referred to as mediclaim policies in India, offers a deduction of about 35,000.00 INR to buyers.

    Here is how deductions are offered to health insurance buyers in India:

    • An amount of 15,000.00 INR is paid towards health insurance premium for personal, children, and spouse.
    • An amount of 15,000.00 INR is paid towards health insurance premium for dependant parents (non-senior).
    • An amount of 20,000.00 INR is paid medical insurance premiums for dependant parents (senior citizen).

    The deduction mentioned in the above list is other than the 1, 00,000 INR savings offered under Income Tax deductions clause (80C).

    The Rules

    In order to consider deduction under the category of 'senior citizen', the age of the individual should be 65 years for the duration of the fiscal year. For instance, if the deduction is to be offered for the financial year 2010-11, the individual should already be 65 years of age as on March 31, 2010.

    Some Changes

    The Senior Citizen Definition - In the year 2012, the government of India gas changed the definition of senior citizen. An individual would be considered fit into the category of ‘senior citizen’ if he is 60 years old. The individual should already be 60 years of age during the fiscal year 2012-2013.

    Validity of Deduction – The deduction on insurance premium is also applicable to the payments made by:
    Credit Cards

    Cheque

    For cash payments, the insured will not get any premium deductions.

    Understanding Medical Insurance Premium

    • The maximum amount of deduction offered under Income Tax section 80D for Self and Family amount to 15000 INR.
    • For your parents, the deduction proposed is 15000 INR.
    • If the individual covered has attained 60 years of age or more, then the individual can avail of an additional deduction of about 5000 INR.

    For Salaried Individuals

    Salaried individuals can enjoy the benefit of medical allowance as well as the medical insurance policy under section 80D at same time. The medical allowance is allowed under section 10.

    Understanding the Section 80D under the Income Tax Act 1961

    As already discussed, there are many benefits one can enjoy via buying a health insurance plan. Apart from the apparent benefits such as a health cover, cashless health benefits, critical illness benefit, cover for medications and hospitalization bills, and additional covers, the medical insurance will also offer you tax benefits as per the Income tax Act 1961 stated under Section 80D. Here, you are entitled to avail an amount between 15,000 INR and 20,000 INR for senior citizens.

    The Income tax Act 1961 Rule (Section 80D) for medical insurance premium deduction:

    1. When evaluating the total income of an insurance buyer, (an individual or a Hindu undivided family), deduction is applicable as mentioned in sub-section (2) or sub-section (3). The payment of deduction can be made by any of the following excluding cash in the previous year from taxable income:
    • Credit card
    • Cheque
    • Debit card
    1. If an insurance buyer is an individual, the sum mentioned in sub-section (1) shall be the total of the subsequent, i.e.:
    • The entire amount waged to effect or ensure operational, medical insurance on the individual, his family or a payment made to the health scheme proposed by the Central Government not exceeding 15,000 INR
    • The entire amount waged to effect or ensures operational, medical insurance on the parent (s) health not exceeding the total amount 15,000 INR.
    1. For the insurance buyer from Hindu undivided family, the sum mentioned in sub-section:

    (a) Must be the entire amount remunerated to effect or ensure operational, medical insurance of a Hindu undivided family member not exceeding 15,000 INR in total.

     

    (b) The health insurance mentioned in this section must be in accordance with a plan made in this behalf by an general insurance company established under General Insurance Business (Nationalisation) Act, 1972 (section 9) and accepted by the Central
    Government.

    Or

    Any other insurance organization approved by the IRDA (Insurance Regulatory and Development Authority) established under IRDA Act's sub-section (1), section 3 1999.

    According to the act mentioned above, it is apparent that if an individual buys medical insurance, then the premium on the same is deductible from his taxable income. The deducted health insurance premium should not go beyond 15,000 INR for individual. In case of senior citizen (60 years and above), the amount should not exceed 20,000 INR.

  • List of Cashless Network Hospitals in Durg

    by icicilombard 002 | Dec 08, 2023

    ICICI Lombard Health Insurance Cashless Network Hospital List in Durg, Chhattisgarh

    Explore ICICI Lombard’s health insurance plans :

    which offers people much needed financial backup during any medical emergencies.

  • List of Cashless Network Hospitals in Dhamtari

    by icicilombard 002 | Dec 08, 2023

    ICICI Lombard Health Insurance Cashless Network Hospital List in Dhamtari, Chhattisgarh

    Explore ICICI Lombard’s health insurance plans :

    which offers people much needed financial backup during any medical emergencies.

  • List of Cashless Network Hospitals in Champa

    by icicilombard 002 | Dec 08, 2023

    ICICI Lombard Health Insurance Cashless Network Hospital List in Champa, Chhattisgarh

    Explore ICICI Lombard’s health insurance plans :

    which offers people much needed financial backup during any medical emergencies.

Error message here