Health Insurance takes care of the financial backup needed in case of medical issues and emergencies. It helps to save money on various expenses incurred from hospitalization and other Out Patient Department expenses.
Archive for month: April, 2017
Previously, senior citizen care in India was confined to old age homes. More so these were meant for the poor and run on charity. But now with the majority of young educated people moving to the foreign countries, many parents from the middle-class and upper middle-class sections find themselves rather alone in their old age with no one to take care of them during a medical emergency.
Everyone wants to grab the opportunity, if it knocks on the door.
Section 80c is the best option not only for tax savings, but also we can create wealth in long term goals such as retirement child marriage, child education.