A deduction limit of till Rs 25,000 for health insurance premiums paid for oneself or family. (policybazaar.com)
If you're self - employed, generally you can deduct 100 % of the cost of health insurance premiums paid for children under the age of 27. (turbotax.intuit.com)
If you are paying health insurance premiums of your in - laws then you can not claim tax deductions. (relakhs.com)