Apollo Munich Health Insurance

Apollo Munich CEO-Proudly Announcing The Association

Apollo Munich Health Insurance Tax Implications

There are many people who seek health insurance policy just because of associated tax benefits. At the end of financial year, people run after tax saving options. Many of them end up with short-term plans and other with long-term plans.

Health insurance is one such option that can give you both types of benefits, as per your needs and at the same time, offers you tax benefits. The long-term tax benefits can be availed, if you get the policy renewed every year.

The section 80 D of the Income Tax Act states that the amount paid for the health insurance is exempted from tax. This amount can be invested towards an individual’s, a family’s or towards a parent’s health.

The deduction in tax is subjected to the maximum of Rs.15,000 per year. In case of senior citizens, the limit may extend to Rs. 20,000 per year.

Apollo Munich, a joint venture between the Apollo Group of Hospitals and Munich Health, offers you financial and medical protection through its products. It offers you life-long renewal feature, which can be used to avail long-term tax benefits.


  1. I think that health insurance is the best way to avail tax beenfits as we also get health coverage sideways.

  2. I have health insurance from Apollo Munich. The plan is good and I can get the claim simply. I have used the reimbursement process too of the compnay.

  3. health insurance is a good investment... I think everyone should invest in plans from Apollo Munich...

  4. Thanks for this information. It will help to convince many people about the neccesity of health insurance.

  5. Saving on tax is another reason why health insurance is so beneficial.


Insurance is the subject matter of solicitation. Please read the policy terms and conditions carefully.
Blogger Widgets