Medical expenses & insurance Tax Relief in Budget 2021
Lists types of insurance along with their meanings. Life Insurance : Meaning: Provides financial protection to beneficiaries in case of the policyholder’s death. Health Insurance : Meaning: Covers medical expenses for illnesses, surgeries, and hospitalization. Motor Insurance : Meaning: Offers coverage for damages to vehicles and third-party liabilities. Travel Insurance : Meaning: Covers unforeseen travel-related …