<h1>Maximize Tax Savings: Align Investments and Insurance Before March 31. Utilize Section 80D for Health Insurance Deductions.</h1> As the financial year FY 24-25 nears its end, individuals are encouraged to optimize tax benefits by aligning savings, investments, and insurance before the March 31 deadline. Health insurance under Section 80D of the Income Tax Act offers significant tax deductions, with premiums paid for self, spouse, and children deductible up to Rs. 25,000, increasing to Rs. 50,000 for senior citizens. Additional deductions apply for parental health insurance. SBI General Insurance emphasizes the importance of reviewing and renewing health policies, offering digital options for seamless transactions. The company, a leading insurer, has expanded significantly and received numerous accolades for its services.