Women Are Prone to Ailments as They Age
According to research published by the World Health Organisation (WHO)
In 2018, India's life expectancy was 67.4 for males and 70.3 for females. While women outlive men as per this global statistic, they are known to be at a higher risk of being tormented with critical diseases and inability. While genetics and lifestyle patterns play an essential role, health insurance purchase as/for women builds a safety net for natural caregivers.
Deriving Health InsuranceBenefits in The 30s
The National Osteoporosis Foundation ascertains the risks of osteoporosis and bone disorders increase in women once they reach the age of 30because they tend to have less bone tissue than men.
30s is the age when women are at a higher risk of illness. This is the perfect time for women to safeguard themselves from critical ailments and shed financial burden during critical life events like gestation.
Safeguarding Motherhood Financially
Today's hustle-bustle has roped in all genders equally to contribute toward the economy. With rising roles and pay parity in the corporate ecosystem, women are giving due importance to career and personal growth. Entering parenthood in their 30's has become a common decision. To secure women's health conditions and take avid care of the financial resources they work hard to accumulate over the years, medical women's health insurance can be highly beneficial. With rising hospitalisation costs and given the recurring clinical visits post gestation, women's health insurance can cover a magnitude of monetary commitments.
Tax Benefits To Redeem
Under Section 80D of the IndianTax Policy, Women can redeem tax benefits against all the health insurance premium payments. While an added advantage of securing a woman's health insurance in the 30s can be beneficial for reducing your partner's tax burden, this is just another perk you receive apart from the core medical/health plan coverage.
On Parting Thoughts
Women have an eye for detail. While considering your health insurance purchase, it is advisable to take a good look at the terms of the policy, the insurer reputation, and claim settlement ratio, amongst other things. Having a brief understanding of exclusions, waiting periods, and the extent of coverage will help you as a woman and your immediate family during emergency times. The final sign off requires the keen eye for detail and attention capacity that women naturally exhibit.
