For every claim-free year your health insurance policy is in place, the sum insured increases progressively by five per cent, up to a maximum accumulation for 10 claim-free years.
Now, let's say your sum assured has increased in successive 5 per cent bursts due to a few previous claims-free years. You made a claim on surgical expenses this year. The insurer will now reduce your sum assured by 10 per cent at the time of renewal of your policy to offset your claim. However, the basic sum insured in your health insurance plan will be maintained at all times.
Now, let's say your sum assured has increased in successive 5 per cent bursts due to a few previous claims-free years. You made a claim on surgical expenses this year. The insurer will now reduce your sum assured by 10 per cent at the time of renewal of your policy to offset your claim. However, the basic sum insured in your health insurance plan will be maintained at all times.
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1.ICICI Prudential Tax Plan
2.Axis Tax Saver Fund
3.IDFC Tax Advantage (ELSS) Fund
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.BNP Paribas Long Term Equity Fund
9.Reliance Tax Saver (ELSS) Fund
10.HDFC TaxSaver
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
Invest in Tax Saver Mutual Funds Online -
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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