Glossary

Section 80D

A deduction for health insurance premiums, higher for senior-citizen parents.

Section 80D allows a deduction for health insurance premiums for your family and your parents, with a larger allowance when the parents are senior citizens, plus a small sub-limit for preventive check-ups. It mainly applies under the old regime.

Related guides

Section 80D tax benefit →Income tax deductions guide →

More glossary terms

Deductible Co-payment (Co-pay)IDV (Insured Declared Value)No Claim Bonus (NCB)Claim Settlement Ratio (CSR)Incurred Claim Ratio (ICR)

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