https://www.taxtmi.com/news?id=42220 Separate health insurance for parents paired with life cover provides dedicated financial protection for age related and unexpected medical needs through comprehensive benefits (pre /post hospitalisation, inpatient, daycare, critical illness and preventive screenings). It ensures higher individual coverage than family floaters, preserves No Claim Bonus advantages, enables additional tax deductions for parental premiums, and offers wellness services. Buyers should evaluate entry age criteria, network hospitals, sum insured, sub limits, co payment obligations, and waiting periods for pre existing conditions when selecting an appropriate parental policy. en-us Mon, 28 Apr 2025 17:16:03 +0530 Mon, 28 Apr 2025 17:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42220 Separate health insurance for parents paired with life cover provides dedicated financial protection for age related and unexpected medical needs through comprehensive benefits (pre /post hospitalisation, inpatient, daycare, critical illness and preventive screenings). It ensures higher individual coverage than family floaters, preserves No Claim Bonus advantages, enables additional tax deductions for parental premiums, and offers wellness services. Buyers should evaluate entry age criteria, network hospitals, sum insured, sub limits, co payment obligations, and waiting periods for pre existing conditions when selecting an appropriate parental policy. News - Mon, 28 Apr 2025 17:16:03 +0530 https://www.taxtmi.com/news?id=42220