Today women are making strides in various fields with multiple other responsibilities, their strength and dedication to work, family, and society are truly admirable. With the ability to manage multiple tasks comes a significant responsibility many women overlook: their health. Just like mothers often prioritized everyone else over themselves, many women in the next generation have picked up the habit of neglecting their own well-being. It's crucial to remember that prioritizing your health is the foundation for living a fulfilling life. As the new generation of Indian women steps into adulthood, investing in health insurance before turning 30 is more than just a wise decision—it's an act of well-deserved self-care. Imagine pausing your career or a significant aspect of your life due to health issues. Health insurance serves as an essential safety net, protecting you from unexpected medical expenses and ensuring you are always prepared. It’s time to improve our perspective and recognize that true empowerment includes safeguarding the most valuable asset: health.
Let’s take a look at the top reasons to buy health insurance for women before turning 30:
1) Lower Premiums: Your age plays a crucial role in determining your health insurance costs. Securing coverage at a younger age can help lock in lower premiums and mitigate the higher expenses often accompanying ageing or health issues. Women's bodies go through a lot of changes post-30. Hence, it is essential to stay protected for health issues and for added coverages that insurance provides, such as regular check-ups, maternity care, women's health programs, etc., all of which promote wellness and help prevent significant medical bills.
2) No Pre-policy Medical Check-up: When you’re younger, obtaining insurance is easier and more affordable, as medical check-ups are often not required. However, as you age, a check-up may become necessary to secure coverage, which may increase the cost and include a waiting period if there is a health issue. Women insured before 30 will benefit from preventive care, including vital reproductive health services and screenings to support them. This proactive approach allows for early detection and management of health concerns, preventing them from escalating into serious health issues.
3) Waiting Period: With ageing, the likelihood of developing health issues increases, which can lead to long waiting periods for diseases like high blood pressure, heart problems, and diabetes. Maternity coverage, vital for women, often includes waiting periods that can extend for months. By acquiring insurance before age 30, you can complete these waiting periods sooner, ensuring you are covered when it matters most—especially if you plan to start a family. Early insurance enrolment provides immediate access to essential maternity coverage, including prenatal care, preparing you for future health needs.
4) Cumulative Bonus: Many health insurance plans offer a cumulative bonus for each claim-free year. Securing insurance at a younger age can save money and provide better coverage. Health issues may arise as you age, making earning bonuses harder. Beginning early helps increase coverage without additional costs and offers financial security and peace of mind in the long run.
5) Tax Benefit: In your 20s, one significant investment to consider is health insurance, which provides financial protection against unexpected medical expenses. Also, under Section 80D of the Income Tax Act of 1961, you can claim tax benefits on your premiums, allowing you to save on taxes while protecting your health.
Obtaining health insurance before age 30 is a smart decision for your health and future. It allows you to make informed health choices without financial stress. By covering medical expenses, insurance offers significant savings and greater economic freedom in the long run. Prioritize your health today for a better tomorrow!