KYC Requirements For Travel Insurance: What You Should Know

Byjames

The importance of travel insurance is well-known for avid travellers seeking thrilling experiences worldwide. Serving as a safety net against unforeseen circumstances, travel insurance provides peace of mind. Ensure that you know the process of how to buy travel health insurance. However, the seemingly bureaucratic Know Your Customer (KYC) process mandated by insurance companies raises…

Understanding Tax Benefits For Senior Citizens Under Section 80D

Byjames

Enjoying peace of mind is paramount in the golden years of life, especially concerning unforeseen medical expenses. Health insurance provides crucial financial security during emergencies, covering emergency expenses. Section 80D of the Indian Income Tax Act extends tax benefits to individuals, particularly seniors aged sixty and above, allowing deductions on medical expenses and insurance premiums….