With the cost of healthcare rising in India, medical emergencies can take a substantial toll on the financial resources of an individual. Health insurance can help you safeguard your savings from the rising cost of medical care. Medical insurance either pays a fixed, pre-decided amount on the diagnosis of a disease or reimburses the actual cost of treatment. Buying a health insurance plan can also help you save some taxes.

  • The premiums paid for health insurance are eligible for deduction of up to ₹ 25,000 in a year under Section 80D of the Income Tax Act, 1961. The deduction is allowed for a policy taken for self, spouse or children. An additional deduction of up to ₹ 50,000 per year can be claimed under the same section for a senior citizen parent.
  • Some health insurance plans pay death benefit which makes them eligible to be considered as life insurance and hence, a deduction of up to ₹ 1.5 lakhs can be claimed for the premium of such plans.

Health insurance plans by Future Generali India Life Insurance can help you avail deductions along with a plethora of other benefits.

Future Generali Heart and Health Insurance Plan – UIN: 133N069V02

  • Provides coverage against 59 critical illnesses and surgical procedures.
  • Ensures coverage from the early stages of life encompassing the minor, moderate and major stage of the disease.
  • In-build death benefit without any waiting period
  • Flexibility to choose from four protection options
    1. Heart Cover
    2. Critical Illness Cover
    3. Heart Cover with Return of Premium
    4. Critical Illness Cover with Return of Premium.
  • Payout of a fixed lump-sum amount on the diagnosis of any diseases covered under the plan
  • A discount of 5% on buying the plan online

Future Generali Cancer Protect Plan – UIN: 133N063V02

  • Coverage that includes protection against both minor and major stage cancer
  • Offers a free look period with the freedom to return the policy within 15 days
  • Option to choose between regular premium and one-time premium
  • Cover yourself till the age of 80 years

Future Generali India Life insurance health insurance plans help you live a stress-free life without worrying about the booming cost of treatments. These health insurance plans also help you save taxes, which increase the overall value proposition of the policies.