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Can I claim tax benefits for 3 yrs , if I pay 3 yr premiums in one go in health insurance ?

Hi guys,

I wanted to ask that if I buy a 3-yr health insurance policy this year, can I claim tax rebate for the next 2 years also? If I buy 1-yr policies each year then the rebate is applicable, not sure if the same holds for a 3-yr policy when I am paying the 3 years’ premium together in one payment.

Please share your thoughts on this.

Thanks,

Ashish Aggarwal

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