Co-Payment and Sub-Limits in Insurance
These are features bring down the liability of the insurer as well as your premium. Co-payment means that the insurer will not pay the full amount but only a certain percentage. It exists mostly in health insurance plans for senior citizens. For instance, a policy that offers medical insurance of R2 lakh and co-payment clause of 10% will pay only R45,000 if the total hospitalisation bill comes to R50,000. Co-payment could also be on certain specified ailments. Some insurers may ask you to pay extra to waive off the co-payment clause.
You also need to go through the sub-limits in a policy. These are usually found on room rents, which means the insurer has capped the amount eligible. You need to be careful about its as it's not just the room rent but all associated costs like doctor's fee that automatically get capped.
Top 10 Tax Saving Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
---------------------------------------------
Leave your comment with mail ID and we will answer them
OR
You can write to us at
PrajnaCapital [at] Gmail [dot] Com
OR
Leave a missed Call on 94 8300 8300
-----------------------------------------------
0 comments:
Post a Comment