TCS
TCS
on
MagicalSushi
MagicalSushi
17mo
by

If I add my parents as beneficiaries for TCS health insurance, do they cut extra money from my salary.

So Recently I have added my parents as a beneficiary for TCS health insurance so they cut extra money from my salary.

17mo ago
FuzzyMarshmallow
FuzzyMarshmallow
17mo

Yes.

Your health insurance is part of the CTC (and most probably your spouse too) so already it will be covered

But parents, it will be separate.

MagicalSushi
MagicalSushi
17mo

Can I delete the beneficiary ??

MagicalBagel
MagicalBagel

3yrs is lock period and 1st year you can't claim for any type of hospitalization.

JazzyPancake
JazzyPancake
17mo

Yes and you’ll be shown the projected deductions

PerkyBiscuit
PerkyBiscuit
17mo

yes

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