What is Health Insurance?
What is Health Insurance?
A health insurance policy is a financial safeguard that provides medical coverage to the insured during medical emergencies. Medical emergencies can occur at any moment, without any prior notice. In such cases, a health insurance policy is your saviour. The COVID Pandemic has made many of us understand the importance of having a health insurance not only for the self but the entire family. Additionally, it helps you boost tax savings. Under section 80D of the Income Tax Act, 1961, you can claim tax benefits against your health insurance premium.