80D health insurance

family health insurance also known as floater policy in the name of husband, wife and children which was paid by husband be claimed by child?
Replies (5)
Quick Summary
This discussion clarifies whether a child can claim on a family health insurance policy, often referred to as a floater policy, when it's paid for by the husband. While initially it might seem complex, the answer is yes, a child can indeed make a claim under such a policy. The specifics of the policy and its terms would govern the exact process.

No, Child can't be claim.
Any specific reason?
Yes child can claim

One practical point that often gets missed in 80D discussions is that the tax deduction is only one part of the decision. A policy that saves tax but has high co-pay, room rent limits, disease-wise sub-limits or long waiting periods may end up costing much more at the time of a claim.

Before buying or renewing, it's worth comparing the actual coverage quality rather than looking only at the premium or the 80D benefit. I found https://BimaScore.com/?INT0082 useful because it helps evaluate a health insurance policy across multiple real-world parameters and highlights potential gaps in coverage. It made it easier for me to compare policies beyond just the tax angle.

That said, for income tax purposes, always ensure the premium is eligible under Section 80D and that you're claiming it under the correct category (self/family or parents), as the deduction limits are separate.

@ Jatin Verma

Read my reply to @ Riya Jain on the same issue - it answers your query also

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register