Save Income Tax : Pay for the medical health insurance of your parents
Individuals who pay for the medical health insurance of their parent or parents would be allowed an additional deduction of up to Rs 15,000 on any payment made for the health insurance for his or her parents under Section 80D. If either of the individual tax payer’s parents, who has been medically insured, is a senior citizen, the deduction would be allowed up to Rs 20,000.
Thats Great. Is there any medical health insurance which gives me returns for the amount which i pay as medical health insurance for my parents.
i am expecting good coverage and returns from medical health insurance.. is there any medical health insurance like that ??/