Did you know that the maximum amount of health insurance tax benefit is actually Rs.60,000 per person? How much are you being able to sell to your clients?
While many know that health insurance helps in saving taxes, not many are conversant with the amount of tax benefit which can be actually availed. The maximum tax benefit which your client can avail from paying a health insurance premium is Rs.60, 000. Here’s how:
So, if the client is a senior citizen who is paying two separate premiums for his family’s coverage and parents’ coverage, the maximum tax benefit available is Rs.60, 000.
Read more about budget 2018 impact on insurance industry