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​No one should have to choose between medicine and other necessities. No one should have to use the emergency room every time a child gets sick. And no one should have to live in constant fear that a medical problem will become a financial crisis.
                                         -  Brad Henry
RETIREE BANKERS HEALTH INSURANCE - UIIC GROUP VERSUS OTHERS
READÂ Â OUR ARTICLES ONÂ Â TOPICS IN HEALTH INSURANCEÂ
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 OFFER BY K M DASTUR REINSURANCE BROKERS PVT LTDÂ
Dated 07.10.2019 : We are getting queries about an offer , purported to be made by the above company to retiree bankers with regard to group insurance being offered by them  with a policy similar to that being offered by UIIC with a lesser premium . The letter is being circulated in social media  . We do not know the authenticity or the sponsors of the scheme . Once  we get full correct picture of the offer ,we will pass our opinion on the same .Â
Dated 07.10.2019 : We are getting queries about an offer , purported to be made by the above company to retiree bankers with regard to group insurance being offered by them  with a policy similar to that being offered by UIIC with a lesser premium . The letter is being circulated in social media  . We do not know the authenticity or the sponsors of the scheme . Once  we get full correct picture of the offer ,we will pass our opinion on the same .Â
  Synopsis :  Indian Bankers Association ( IBA ) conveyed  to member banks  the new offer / quotation issued by United India Insurance Company  for the renewal of group health insurance policy  to retired bankers effective from 01.011.2019.  The renewal premium is around 15 % higher than the current year premium .  As reviewed last year ,  this year also we checked the internet to find if any alternative plan is available to the plan offered by united India Insurance Company .  In the quotation of UIIC  , we find that additional premium amount  for domiciliary is more than the insurance amount eligible for total domiciliary claim .Â
 We could find  some insurance companies are offering insurance for senior citizens and we also could find quotations  for various age groups of senior citizens on their websites itself . Hence we have compared the premium quoted by UIIC with  the other plans available on the internet . We took an uniform  health cover for Rs 3.00 lakhs  for two persons  as offered by UIIC for retired clerks  ( For retired officers  , insured amount is Rs 4.00 lakhs ) . To help the family pensioners who need insurance for only one person , we compared individual insurance plans of various  insurance companies with that of UIIC .  As most of the quotations vary with age , we have taken  quotes for people of different ages for comparison purpose  . One can go through the comparison   and come to their own conclusion  about the suitability of any plan .  ​We also found that other insurance companies have not enhanced any premia during the year and they are continuing to offer same benefits as in last year for the same premium .
 We could find  some insurance companies are offering insurance for senior citizens and we also could find quotations  for various age groups of senior citizens on their websites itself . Hence we have compared the premium quoted by UIIC with  the other plans available on the internet . We took an uniform  health cover for Rs 3.00 lakhs  for two persons  as offered by UIIC for retired clerks  ( For retired officers  , insured amount is Rs 4.00 lakhs ) . To help the family pensioners who need insurance for only one person , we compared individual insurance plans of various  insurance companies with that of UIIC .  As most of the quotations vary with age , we have taken  quotes for people of different ages for comparison purpose  . One can go through the comparison   and come to their own conclusion  about the suitability of any plan .  ​We also found that other insurance companies have not enhanced any premia during the year and they are continuing to offer same benefits as in last year for the same premium .
KNOW  ABOUT  TAX ON RETIREMENT BENEFITS  , CLICK HEREÂ
FOR INCOME TAX NEWS   , CLICK HERE    NEWS ON INTEREST RATES  CLICK HERE Â
​ARTICLE ON INVESTMENT OPTIONS  FOR RETIREES  ,   CLICK HERE    WHAT IS SYSTEMATIC INVESTMENT PLAN  ?   CLICK HERE Â
​FOR DETAILS ON AAYKAR SETHU ,
     MOBILE APPLICATION FROM INCOME TAX DEPT , CLICK HERE   ​
FOR INCOME TAX NEWS   , CLICK HERE    NEWS ON INTEREST RATES  CLICK HERE Â
​ARTICLE ON INVESTMENT OPTIONS  FOR RETIREES  ,   CLICK HERE    WHAT IS SYSTEMATIC INVESTMENT PLAN  ?   CLICK HERE Â
​FOR DETAILS ON AAYKAR SETHU ,
     MOBILE APPLICATION FROM INCOME TAX DEPT , CLICK HERE   ​
 News dated 30.09.2019 :  Member banks  of IBA are making arrangements to collect renewal premium for  the group insurance health policy for the interested retirees  , on their paying quoted premium  as per the new quotation   issued by public sector insurance company United India Insurance Company   .  The renewal is for 1 year from 01.11.2019 to 31.10.2020  .   The room rent charge has been to Rs 5,000 from existing Rs 4,000 per day in the renewal proposal .Â
 One can go through the revised rates  which are as follows :Â
1. For retired officer , premium without domiciliary is Rs 33,193 for a cover of Rs 4 .00 lakhs  including tax .Â
2. For retiree officer , premium with domiciliary is Rs 82,373 with policy of cover of Rs 4.00 lakhs including tax .Â
3. For retired clerk , premium without domiciliary is Rs 24,897 for a cover of rs 3.00 lakh  including tax .Â
4. For retired clerk , premium with domiciliary is Rs 61,784 for a cover of Rs 3.00 lakhs including tax .Â
 Â
 DOMICILIARY COVER  :   If the domiciliary limit continues at 10 % of the insurance cover , the additional premium  quoted  for domiciliary policy is more than the  domiciliary cover . For a domiciliary cover of Rs 40,000 for a retired officer , additional premium quoted is Rs 49,180 . Similarly for retired clerks , additional premium demanded is Rs 36,867  for domiciliary cover of Rs 30,000 .  No one would like to pay a premium more than the cover amount and hence the quotation becomes redundant . Â
  ADVANTAGES OF RENEWING THE EXISTING POLICY WITH UIIC  :Â
There are inherent advantages in renewing the policy with UIIC , compared to other plans  if premium amount does not matter :Â
1. Group policy provides 100 % cover and no co-pay is expected and there is no waiting period .Â
2. Pre- existing  medical condition is accepted for the purpose of cover .Â
3.  No medical test is required  for renewal , while going in for any other cover may require a medical approval . ( There are some exceptions  ) .Â
4. Same premium  is quoted for retirees of all ages , while premiums vary according to age in other policies Â
5. Once opting out of group insurance , one may not be able to re-enter the scheme .Â
There are inherent advantages in renewing the policy with UIIC , compared to other plans  if premium amount does not matter :Â
1. Group policy provides 100 % cover and no co-pay is expected and there is no waiting period .Â
2. Pre- existing  medical condition is accepted for the purpose of cover .Â
3.  No medical test is required  for renewal , while going in for any other cover may require a medical approval . ( There are some exceptions  ) .Â
4. Same premium  is quoted for retirees of all ages , while premiums vary according to age in other policies Â
5. Once opting out of group insurance , one may not be able to re-enter the scheme .Â
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 We have taken   premium quotation as available  on websites of insurance companies  and are subject to compilation errors , commissions and omissions . The chart is prepared for comparison purpose only . Please take up with insurance company  directly for getting your personal  quotation Â
  PREMIUMS QUOTED FOR TWO PERSONS FOR HEALTH INSURANCE COVER  OF RS 3.00 LAKHS ( FLOATER POLICY )  EXCEPT GROUP INSURANCE FOR RETIRED OFFICERS WHICH IS FOR RS 4.00 LAKHS
Insurance company / plan |
For aged 61 years |
​For aged 66 years |
​For aged 71 years |
For aged 76 years |
For aged 81 years |
GROUP INSURANCE UIIC / IBA FORÂ RETIRED OFFICERS |
33,193 ​( Inclusive of Tax ) ​ |
​33,193 ​( Inclusive of Tax ) |
33,193 ​( Inclusive of Tax ) ​​ |
​33,193 ​( Inclusive of Tax ) ​ |
33,193 ​( Inclusive of Tax ) ​​ |
GROUP INSURANCE UIIC / IBA FORÂ RETIRED CLERKSÂ |
24,897​( Inclusive of Tax ) |
24,897​( Inclusive of Tax ) ​ |
24,897​( Inclusive of Tax ) ​ |
24,897​( Inclusive of Tax ) ​ |
24,897​( Inclusive of Tax ) ​ |
Religare Senior citizen |
34,846​( Inclusive of Tax ) |
62,210​( Inclusive of Tax ) |
92,619​( Inclusive of Tax ) |
1,19,820​( Inclusive of Tax ) |
1,57,588​( Inclusive of Tax ) |
​HDFC ERGO |
​18,683​+ tax |
25,222​+ tax |
34,050​+ tax |
44,265​+ tax |
53,561​+ tax |
​IOB Easy Health |
12,497​​( Inclusive of Tax ) |
12,497​​( Inclusive of Tax ) |
​Not Available |
​Not Available |
​Not Available |
PREMIUMSÂ QUOTED FORÂ Â FOR INDIVIDUAL HEALTH INSURANCEÂ COVER FORÂ Â Rs 3.00 LAKHS .Â
( Group Insurance of UIIC expects same payment from  family pensioners also  )Â
( Group Insurance of UIIC expects same payment from  family pensioners also  )Â
​Insurance company / plan |
​For aged 61 years |
​For aged 66 years |
​For aged 71 years |
​For aged 76 years |
​For aged 81 years |
​GROUP INSURANCE UIIC / IBA FOR RETIRED OFFICERS |
​33,193 ​( Inclusive of Tax ) ​​ |
33,193 ​( Inclusive of Tax ) ​​ |
33,193 ​( Inclusive of Tax ) ​​ |
​33,193 ​( Inclusive of Tax ) ​​ |
33,193 ​( Inclusive of Tax ) ​​ |
GROUP INSURANCE UIIC / IBA FORÂ RETIRED CLERKS |
​24,897 ​( Inclusive of Tax ) |
​24,897 ​( Inclusive of Tax ) ​ |
24,897 ​( Inclusive of Tax ) ​​ |
24,897 ​( Inclusive of Tax ) ​ |
24,897 ​( Inclusive of Tax ) ​​ |
Religare Senior Citizen |
26,004​( Inclusive of Tax ) |
40,415​( Inclusive of Tax ) |
59,289​( Inclusive of Tax ) |
74,001​( Inclusive of Tax ) |
99,255​( Inclusive of Tax ) |
 Optima Apollo Munich |
14,615​+ tax |
19,201​+ tax |
23,986​+ tax |
31,629​+ tax |
42,433 ​+ tax |
HDFC Ergo |
​12,455​+ tax |
16,815​+ tax |
22,700​+ tax |
29,510​+ tax |
35,707​+ tax |
Future Generali |
29,734​+ tax |
37,151​+ tax |
41,096​+ tax |
55,102​+ tax |
65,661​+ tax |
Star Health Red carpet |
12,900 + tax |
​12,900 + tax |
​12,900 + tax |
Not Available |
​Not Available |
​​IOB Easy Health |
7,140​​( Inclusive of Tax ) |
7,140​​( Inclusive of Tax ) |
​Not Available |
​Not Available |
​Not Available |
​Bajaj Allianz Silver Health |
14,004+ tax |
21,006 + tax |
Not Available |
​Not Available |
​Not Available |
​Oriental Medicliam |
16,836 + Tax |
​16,836 + Tax  ( Subject to Approval |
​​Not Available |
​​Not Available |
​​Not Available |
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  OUR OBSERVATIONS :Â
 (It is  our opinion and the readers can have their own judgement of the situation )
 (It is  our opinion and the readers can have their own judgement of the situation )
 1. IOB Easy health policy ( in association with Apollo Munich )  is the cheapest option for both floater policy as well as individual  plans among the various plans  compared for the senior citizens up to 70 years  .  There is a waiting period of 12 months for certain conditions and 36 months  for pre-existing conditions  . Additional condition is that policy holder has to be customer of Indian Overseas Bank .Â
2. Star Health Red carpet  is the cheapest option  among individual  plans among the various plans  compared for the senior citizens  between 71  years  to 75 years .  There is a waiting period of 12 months for pre-existing conditions  . Â
3. In all other cases , for   Retirees with their spouses , United India Insurnce Company - Group policy is the cheapest among the plans compared . Â
4 Some of the insurance companies are providing cheaper insurance for family pensioners ( for securing only the insured ) below 70 years of ageÂ
5. If any one wants to migrate to any other insurance cover from the group plan already enrolled in  , it will be good  if he / she has no pre-existing medical condition which warrants  a waiting period . Â
6. Migration from group cover to individual cover will not have portability benefits .Â
7 . All the senior retirees aged above 75 years  , there is no other option other than renewing  the existing group policy being the cheapest offered to them .  As their  pension amount will also be much lower than the new retirees , it is  really disheartening situation for them .  Â
8. Retirees / family pensioners below the age  of 70 can consider  switching over provided they are healthy , having no pre- medical condition . Just a cheaper policy may not be the  right policy as it may have many strings attached  to  the terms and conditions , co-pay conditions and other terms . Further they have to check the suitability of any other plan to their personal conditions  with regard to availability of cashless hospitals near the place they reside . Hence they have to take a studied decision before considering any change in their insurers .Â
8 . Each plan comes with various terms and conditions , inclusions and exclusions . Please go through prospectus to find whether the policy does not contain clauses  that are adverse to you and  and will make the cover unavailable for your claim / hospitalization . Â
Readers are welcome to bring to our notice any other insurance company / plan offering cheaper / better than the plans compared above . We shall be glad to  add such policies in the list compared .Â
We do not have interest in any of the insurance companies  and the observations should not be treated as recommendation for any plan / scheme . Readers are advised to make independent enquiries and decide up on suitability of any insurance plan .Â
2. Star Health Red carpet  is the cheapest option  among individual  plans among the various plans  compared for the senior citizens  between 71  years  to 75 years .  There is a waiting period of 12 months for pre-existing conditions  . Â
3. In all other cases , for   Retirees with their spouses , United India Insurnce Company - Group policy is the cheapest among the plans compared . Â
4 Some of the insurance companies are providing cheaper insurance for family pensioners ( for securing only the insured ) below 70 years of ageÂ
5. If any one wants to migrate to any other insurance cover from the group plan already enrolled in  , it will be good  if he / she has no pre-existing medical condition which warrants  a waiting period . Â
6. Migration from group cover to individual cover will not have portability benefits .Â
7 . All the senior retirees aged above 75 years  , there is no other option other than renewing  the existing group policy being the cheapest offered to them .  As their  pension amount will also be much lower than the new retirees , it is  really disheartening situation for them .  Â
8. Retirees / family pensioners below the age  of 70 can consider  switching over provided they are healthy , having no pre- medical condition . Just a cheaper policy may not be the  right policy as it may have many strings attached  to  the terms and conditions , co-pay conditions and other terms . Further they have to check the suitability of any other plan to their personal conditions  with regard to availability of cashless hospitals near the place they reside . Hence they have to take a studied decision before considering any change in their insurers .Â
8 . Each plan comes with various terms and conditions , inclusions and exclusions . Please go through prospectus to find whether the policy does not contain clauses  that are adverse to you and  and will make the cover unavailable for your claim / hospitalization . Â
Readers are welcome to bring to our notice any other insurance company / plan offering cheaper / better than the plans compared above . We shall be glad to  add such policies in the list compared .Â
We do not have interest in any of the insurance companies  and the observations should not be treated as recommendation for any plan / scheme . Readers are advised to make independent enquiries and decide up on suitability of any insurance plan .Â
  To go to the individual Insurance companies listed above  , click on the name of the insurance company / plan below Â
​1. Religare Senior Citizen ​ Â
2.Apollo Munich Optima Senior   ​
3.HDFC Ergo Suraksha ​
4.​Future Generali Â
5. Star Health Senior Citizen
6.IOB Easy HealthÂ
7.Bajaj Allianz Silver HealthÂ
​8.Oriental Mediclaim ​
​1. Religare Senior Citizen ​ Â
2.Apollo Munich Optima Senior   ​
3.HDFC Ergo Suraksha ​
4.​Future Generali Â
5. Star Health Senior Citizen
6.IOB Easy HealthÂ
7.Bajaj Allianz Silver HealthÂ
​8.Oriental Mediclaim ​
NEWÂ BLOGÂ ARTICLE ONÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
                              HEALTH INSURANCE OPTIONS FOR RETIRED BANKERSÂ
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The article explores the alternative avenues for existing health insurance group policy for Retired BankersÂ
TO READ THE ARTICLE                              CLICK HERE ​
                              HEALTH INSURANCE OPTIONS FOR RETIRED BANKERSÂ
​
The article explores the alternative avenues for existing health insurance group policy for Retired BankersÂ
TO READ THE ARTICLE                              CLICK HERE ​
​
NEW ARTICLE PUBLISHEDÂ Â Â Â :Â Â Â Â Â Â Â Â Â Â Â Â Â Â
​                      PLANNING FOR CONTINGENCIES Â
​                                                            CLICK HERE TO READÂ
 TITBITS : From  a recent  report  of  Sample Survey Office ,  it is revealed that  80 percent of Indians , who mainly rely up on  private  health care ,  do not  have any medical insurance .  The government has brought  only about 12 %  of population under  health protection schemes like  Rashtriya Swasthya  Bima Yojana . In  the absence of health insurance  , 75 % of Indians  use their hard earned savings  while  18% have to borrow . In order to escape from financial gloom  in the events of  medical emergencies , one has to   definitely require some form of Health insurance .    Â
​HEALTH INSURANCE  - BasicsÂ
A Health Insurance Policy would normally cover expenses incurred under the following heads in respect of each insured person subject to overall ceiling of sum insuredÂ
a.     Room, Boarding expenses
b.     Nursing expenses
c.     Fees of surgeon, anesthetist, physician, consultants, specialists
d.     Anesthesia, blood, oxygen, operation theatre charges, surgical appliances, medicines, drugs, diagnostic materials, X-ray, Dialysis, chemotherapy, Radio therapy, cost of pace maker, Artificial limbs, cost or organs and similar expenses.
Sum Insured
The Sum Insured    may  have a maximum amount for each of the insured under the policy or cumulative for all the insured or a  fixed amount to be paid out on particular type of disease or surgery needed or affixed amount per day for the period of hospitalization.Â
 Pre and post hospitalization expenses
Expenses incurred during a certain number of days prior to hospitalization and post hospitalization expenses for a specified period from the date of discharge may be considered as part of the claim provided the expenses relate to the disease / sickness.
Cashless Facility
Insurance companies have tie-up arrangements with a network of hospitals in the country. If policyholder takes treatment in any of the net work hospitals, there is no need for the insured person to pay hospital bills. The Insurance Company, through its Third Party Administrator (TPA) will arrange direct payment to the Hospital. Expenses beyond sub limits prescribed by the policy or items not covered under the policy have to be settled by the insured direct to the Hospital. The insured can take treatment in a non-listed hospital in which case he has to pay the bills first and then seek reimbursement from Insurance Co. There will be no cashless facility applicable here. Â
​TO READ THE FULL ARTICLE ON HEALTH INSURANCE , CLICK HEREÂ
A Health Insurance Policy would normally cover expenses incurred under the following heads in respect of each insured person subject to overall ceiling of sum insuredÂ
a.     Room, Boarding expenses
b.     Nursing expenses
c.     Fees of surgeon, anesthetist, physician, consultants, specialists
d.     Anesthesia, blood, oxygen, operation theatre charges, surgical appliances, medicines, drugs, diagnostic materials, X-ray, Dialysis, chemotherapy, Radio therapy, cost of pace maker, Artificial limbs, cost or organs and similar expenses.
Sum Insured
The Sum Insured    may  have a maximum amount for each of the insured under the policy or cumulative for all the insured or a  fixed amount to be paid out on particular type of disease or surgery needed or affixed amount per day for the period of hospitalization.Â
 Pre and post hospitalization expenses
Expenses incurred during a certain number of days prior to hospitalization and post hospitalization expenses for a specified period from the date of discharge may be considered as part of the claim provided the expenses relate to the disease / sickness.
Cashless Facility
Insurance companies have tie-up arrangements with a network of hospitals in the country. If policyholder takes treatment in any of the net work hospitals, there is no need for the insured person to pay hospital bills. The Insurance Company, through its Third Party Administrator (TPA) will arrange direct payment to the Hospital. Expenses beyond sub limits prescribed by the policy or items not covered under the policy have to be settled by the insured direct to the Hospital. The insured can take treatment in a non-listed hospital in which case he has to pay the bills first and then seek reimbursement from Insurance Co. There will be no cashless facility applicable here. Â
​TO READ THE FULL ARTICLE ON HEALTH INSURANCE , CLICK HEREÂ
 KNOW  ABOUT  TAX ON RETIREMENT BENEFITS  , CLICK HEREÂ
FOR INCOME TAX NEWS   , CLICK HERE    NEWS ON INTEREST RATES  CLICK HERE Â
​ARTICLE ON INVESTMENT OPTIONS  FOR RETIREES  ,   CLICK HERE    WHAT IS SYSTEMATIC INVESTMENT PLAN  ?   CLICK HERE Â
​FOR DETAILS ON AAYKAR SETHU ,
     MOBILE APPLICATION FROM INCOME TAX DEPT , CLICK HERE                                           Â
                                    ARTICLES ON  Â
                                   Â
 SMALL FINANCE BANKS                                     PAYMENT  BANKS   Â
                                    Â
UNIFIED Â PAYMENT INTERFACEÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â BHARAT BILL PAYMENT SYSTEMÂ Â Â
     BHIM APP                                                AADHAR  Â
                              e-INSURANCE  Account (  eIA  )
FOR INCOME TAX NEWS   , CLICK HERE    NEWS ON INTEREST RATES  CLICK HERE Â
​ARTICLE ON INVESTMENT OPTIONS  FOR RETIREES  ,   CLICK HERE    WHAT IS SYSTEMATIC INVESTMENT PLAN  ?   CLICK HERE Â
​FOR DETAILS ON AAYKAR SETHU ,
     MOBILE APPLICATION FROM INCOME TAX DEPT , CLICK HERE                                           Â
                                    ARTICLES ON  Â
                                   Â
 SMALL FINANCE BANKS                                     PAYMENT  BANKS   Â
                                    Â
UNIFIED Â PAYMENT INTERFACEÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â BHARAT BILL PAYMENT SYSTEMÂ Â Â
     BHIM APP                                                AADHAR  Â
                              e-INSURANCE  Account (  eIA  )
ISSUERS OF HEALTH INSURANCE POLICIES
Health Insurance policies are issued by specialised Health Insurance companies , Â Life Insurors as well as General Insurors .Â
To get the list and visit their websites , Click Here
Â
TIPS FOR BUYING HEALTH INSURANCE FOR SENIOR CITIZENS
1.    Various Insurance companies offer health Insurance Policies . But the terms , diseases covered and premiums vary . Hence  first write down your needs and Medical history of your spouse / children to be covered , and the amount of coverage you may require . Please remember the medical costs are increasing year after year and what looks like suffice today may not cover fraction of your requirement after 5 years . Hence keep cushion while having the amount fixed .
2.    You check the hospitals in your city , especially which are convenient to you , are covered  under cashless facility by TPA .
3.    Compare the premiums   from three or four insurance companies for the least and you can find huge variation from company to company and chose  the one which   suits your budget and requirements .
4.    Floaters policies  covering all the members of your family are cheaper than taking individual policies and hence get   a policy which can cover   your family members .
5.    Check whether premiums are kept at the same level as offered for at least   for few years . Otherwise every year you will have to pay higher demanded premiums .
6.    Check up to what your age the policy will cover  . There are policies which cover till lifelong .  Otherwise  at the ripe age when you require insurance , umbrella of insurance would be removed .
7.    Check  towards the conditions on pre -existing diseases . Lesser period will be better . Â
8. Even if pre-existing conditions are covered after a lapse of waiting period , some insurance company will charge as much as
 50 % after the waiting period is lifted . Hence checkÂ
9.   If you  have already covered  by  a health insurance policy taken by yourself or your employer or any of your family members and if you feel the amount covered is not sufficient , you may go in  for  a Top up Health Insurance or Super top up health insurance which will cover you beyond the amount covered by your initial policy . Â
Â
10. Health Insurance policies get income tax  rebates under  SEC 80D .  For details  ,  CLICK HEREÂ
Â
 PLEASE NOTE WE HAVE NO COMMERCIAL INTEREST WITH ANY OF THE INSURANCE COMPANIESÂ
  ARTICLES ON  Â
​INSURANCE           LIFE INSURANCE                   VEHICLE INSURANCE      HOUSEHOLD INSURANCE
                                   Â
 SMALL FINANCE BANKS      PAYMENT  BANKS      UNIFIED  PAYMENT INTERFACE             BHARAT BILL PAYMENT SYSTEM  Â
                         BHIM APP                                                AADHARÂ
​INSURANCE           LIFE INSURANCE                   VEHICLE INSURANCE      HOUSEHOLD INSURANCE
                                   Â
 SMALL FINANCE BANKS      PAYMENT  BANKS      UNIFIED  PAYMENT INTERFACE             BHARAT BILL PAYMENT SYSTEM  Â
                         BHIM APP                                                AADHARÂ