Online Renewal Process for Tata AIG Health Insurance Policy
Renewing your TATA AIG Health Insurance policy online is a straightforward process. Follow these steps:
Step 1: Visit the Official Website: Navigate to the official Tata AIG website.
Step 2: Select Health Option: On the website, locate the 'Health' tab among the options and click on it.
Step 3: Choose Renew Option: Proceed with the 'Renew Existing Tata AIG Policy' option.
Step 4: Enter Required Details: After selecting the renewal option, input your 10-digit policy number.
Step 5: Click on Renew: Click 'Renew' to initiate the premium payment for your policy's renewal.
Step 6: Confirmation: Upon successful payment, an email confirmation will be sent, validating the renewal of your health insurance policy.
Offline Renewal Process for TATA AIG Health Insurance Policy
Alternatively,you have the option to renew your health insurance policy offline by dialing the toll-free number of Tata AIG at 1800-266-7780 and detailing your specific renewal requirements.
Another way is by visiting the nearest Tata AIG branch to initiate your policy renewal.
You can also renew your TATA AIG Health Plan with the help of Turtlemint and our expert insurance advisors. For instant policy renewal, visit www.turtlemint.com or renew your policy by downloading the Turtlemint App here.
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Yes, the premiums paid for health insurance plans have tax-saving benefits. The premiums are allowed as a deduction under Section 80D. You can claim a maximum deduction of up to INR 25,000 on the premium you pay for your health insurance. However, for a senior citizen, the 80D limit is INR 50,000 per annum
So, if you buy a separate plan for your senior citizen dependent parents and pay their premiums, you are eligible for an additional income tax deduction of INR 50,000. Thus, you can claim a deduction of up to INR 50,000 on the premiums you pay for yourself and your family and another INR 50,000 for premiums paid for your dependent parents. This brings the total deduction to up to INR 1 lakh
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