Sensage Financial Services Private Limited

A C Guards, Hyderabad, Telangana
GST36AAKCS0742G1ZE
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  • Legal Status of Firm

    Limited Company (Ltd./Pvt.Ltd.)

  • Annual Turnover

    Rs. 50 Lakh - 1 Crore

  • Indiamart Member Since

    Dec 2014

Health Insurance

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Medical care facility is already prohibitively expensive and at old age the need to fall back on medical care is only likely to increase.
Health insurance (Popularly known as Medical Insurance or MediClaim) protects you and your dependents against any financial constraints arising on account of a medical emergency. It sometimes includes disability and long term medical needs. It is an insurance which usually provides either direct payment or reimbursement for expenses associated with illness, injuries and hospitalization as detailed in the scope of the policy cover. Some policies also cover pre- and post-hospitalization expenses.The sum assured in a health insurance policy is guaranteed as per the terms of the policy as long as the premiums are paid regularly and the policy is in force.Health insurance is not inflation protected, which means whenever insurance needs increase or cost of healthcare goes up, one needs to buy additional cover. It is an annual renewal policy in case of most policies across insurers.The premium depends on insured’s age and state of health and premium frequency is annual and is tax deductible not exceeding Rs.15, 000 (Rs.20, 000 in case of Senior Citizens) under Section 80(D) of IT Act, 1961. Premium paid to keep in force insurance on the health of parent or parents of the assessed up to Rs.15, 000 is deductible.

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Health Insurance

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Product Description

Medical care facility is already prohibitively expensive and at old age the need to fall back on medical care is only likely to increase.

Health insurance (Popularly known as Medical Insurance or MediClaim) protects you and your dependents against any financial constraints arising on account of a medical emergency. It sometimes includes disability and long term medical needs.

It is an insurance which usually provides either direct payment or reimbursement for expenses associated with illness, injuries and hospitalization as detailed in the scope of the policy cover. Some policies also cover pre- and post-hospitalization expenses.

The sum assured in a health insurance policy is guaranteed as per the terms of the policy as long as the premiums are paid regularly and the policy is in force.

Health insurance is not inflation protected, which means whenever insurance needs increase or cost of healthcare goes up, one needs to buy additional cover. It is an annual renewal policy in case of most policies across insurers.

The premium depends on insured's age and state of health and premium frequency is annual and is tax deductible not exceeding Rs.15, 000 (Rs.20, 000 in case of Senior Citizens) under Section 80(D) of IT Act, 1961. Premium paid to keep in force insurance on the health of parent or parents of the assessed up to Rs.15, 000 is deductible.


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About the Company

Legal Status of FirmLimited Company (Ltd./Pvt.Ltd.)
Nature of BusinessService Provider
Annual TurnoverRs. 50 Lakh - 1 Crore
IndiaMART Member SinceDec 2014
GST36AAKCS0742G1ZE

SenSage combines asset management solutions with a full range of transactional services, from bonds, equity, mutual funds, and exchange traded fund (ETF) to a range of Goal-based financial solutions which includes education planning, marriage planning, retirement planning. Whether you are an experienced investor looking for a new investment solution using a platform account or simply a new investor looking to save regularly, our online and offline services can provide access to thousands of mutual funds and Shariah-compliant investment solutions too.

We know what Islamic investors want to invest through us because we are Shariah-compliant investors ourselves. It's why we recommend Islamic mutual funds, equities, Nifty Shariah ETF and Gold ETF to realize real-world goals, including growing assets, managing risk, generating income and providing liquidity.

Alongside a discretionary account, we have the ability to provide access to an execution - only - facility that brings to bear all the benefits of a private banking platform.

OUR VISION

To make our customers dream and assist them in realizing an early financial freedom

OUR MISSION

SenSage envisages becoming a preferred Personal Financial Advisor for acquiring affluence before retirement and delighting our customers.

Health Insurance
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Seller Contact Details

MS Shabbir

No. 10-2-5-11, Ac Guards, A C Guards Hyderabad - 500004, Telangana, India

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