How to claim benefit for multiple health insurance?

How to claim benefit for multiple health insurance?

Looking at the skyrocketing cost of medical treatment buying a health insurance policy is a sensible decision. It is generally observed nowadays that people buy multiple health insurance policies from different companies. It may be due to increase their sum assured, saving more tax under section 80D or to increase coverage of policy given by an employer. Whatever be the case but people generally get confused when it comes to claiming the benefit from multiple health insurance companies. Recently I […]


Best Health Insurance for Parents

Best Health Insurance for Parents

Buying a health insurance policy is an important aspect of financial planning. However, it is noticed that many people still do not purchase health insurance policy for parents. At a later stage, they suffer badly due to unexpected medical expenses. Let me share a story of my friend. My friend has taken family floater health insurance plan. However due to various reasons, he never took health insurance for parents. His father was a heart patient. Before few days, he suddenly […]


Universal Health Insurance Scheme by Government

Universal Health Insurance Scheme by Government

PM Narendra Modi is likely to announce Universal Health Insurance scheme for the common man soon.Prime objective behind Universal Health insurance policy is to provide health cover to every individual of India. What is Universal Health Insurance Scheme? Universal Health Insurance scheme is a family floater health insurance policy by the government of India. This scheme will offer coverage up to 50,000 Rs to a family of five people on floater basis. This scheme will also cover senior citizen. The […]


Buying Health Insurance Policy in India – Information Guide

Buying Health Insurance Policy in India – Information Guide

Buying health insurance policy is vital need today. Let me share with you one incident, Last Saturday I visited the hospital to meet my friend, he is suffering from a severe heart problem. Doctor advised him to undergo heart surgery. However due to a lake of money and health insurance he is unable to complete his treatment. Many Indian’s are like my friend, as they avoid buying health insurance policy. They don’t understand that health problem does not give advance […]


What is Right time to buy Health Insurance?

What is Right time to buy Health Insurance?

Rumors may sometimes suppress the fact behind any statement or situation. India is one such nation where people still believe in rumors. This is because of the elevated illiteracy levels. Rumors spread speedily and increase the number of supporters of the belief. The problem is that people belonging to this pool do not even try to know the truth behind these rumors. Though there are quite a few citizens who have started using internet, an information warehouse, to bring a […]


Chola Tax Plus Healthline – Maximizing Tax Benefit

Chola Tax Plus Healthline – Maximizing Tax Benefit

Cholamandalam MS General Insurance Company Limited, a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Japan, today announced the launch of Chola Tax Plus Healthline Insurance Policy. The policy offers coverage under two sections, namely Hospitalisation and Out Patient Department (OPD) Treatments. The policy also offers full Tax Benefit of upto Rs.35000 under Sec 80(D). The Hospitalisation section works like a regular Indemnity Health Insurance policy covering Hospitalisation due to all illnesses , 60 days pre and […]