Insurance premium

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47 Points Posted on 14 February 2020
accidental insurance is the part of 80 C or 80 D.
what is the difference between health insurance and accidentally insurance
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On 14 February 2020 at 07:56 Report
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Accidental insurance is distinct from health insurance and is not covered under sections 80C or 80D of tax benefits. While 80C covers life and term insurance, and 80D covers medical expenses, hospitalisation costs due to an accident can be claimed under 80D. Always review your policy documents for specific deductions.

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Practice
3235 Points Posted on 14 February 2020
Accidental insurance is neither a part of 80C nor 80D
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On 14 February 2020 at 09:36
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Consultant
1891 Points Posted on 14 February 2020

80C includes life and term insurance. 

80D includes mediclaim expenses. The hospitalisation expenses incurred because of the accident can be claimed in 80D. 

Further, just check your accidental policy documents, whether it provides for any deduction.  

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On 14 February 2020 at 10:17

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