Because ‘She’ is precious

Smart people take risks while the ignorant ones wait for it. Life is a risky business. You never know when it will hit you harder. So better to be prepared. Women across the world are always perceived as better planners in comparison to their male counterparts. But the irony is, very few of them take charge of their own finances and buy a health insurance plan to secure their lives against health calamities.

Gender gap is prevalent everywhere and health insurance buying decision is no exception. We all must have seen or have been seeing women who are doing exceptionally great jobs, are incredible home-makers and leading their lives on their own rules but depend on their father, spouse or son when it comes to buying a health insurance plan. They look at them before making a decision and the worst is, in most of the cases only opt for family floater plan or covered under group Mediclaim provided by their employers. Today I’ll dig out the reasons why every woman should buy a health insurance plan and cover themselves against any health hazards:

Women across the world are reported to have a longer life-span when compared to men. However, longer the life, more are the chances to fall ill. In order to lead a healthy life, it is very much required for women to care for themselves the way they do for their family. Women health insurance plan not only provides them coverage but also makes them feel financially independent as buying a health insurance means the insurer will pay the medical bills in case of any emergencies and not their family members.

Apart from the common diseases, women are always at higher health risks owing to the gender-specific diseases. After menopause, women become more vulnerable to diseases like osteoporosis, cardiovascular attacks etc. Treatment of these diseases cost in lakhs and paying from your own pocket will either leave you with no savings or in debt. Therefore it is always advisable to buy a women-specific health insurance plan that provides maximum coverage including cashless hospitalisation to free treatment/reimbursement.

One of the major benefits that one can avail by taking a women health insurance plan is of maternity benefits. Though no insurance company offers a maternity-exclusive plan, they do provide a maternity cover that one can avail after 3-6 years of buying a policy depending upon the clauses. For an instance, say someone buys a women health insurance plan from a reputed insurance company she is paying premiums on a regular basis for 3 or more years, which entitles her to get a maternity coverage that includes coverage to her new-born too. On account of more and more couples opting for Caesarean section rather going for normal delivery, it becomes inevitable to buy a women-specific health insurance plan.

Women balance a lot; from home to office, kids to vendors- they ensure everything flows in-stream. But in this act of balancing they often ignore themselves resulting poor health and a stressful mind. When they are covered by a health insurance, they are more likely to visit the doctor as the bills will be paid by the insurer. Besides, women are also entitled to get recovery benefits that include reimbursement in case of an extended stay at hospital.

The additional advantage of tax saving is always attached to buying a health insurance plan. Women can claim for a deduction up to Rs. 25,000 in income tax on the basis of premium paid under article 80D of Income Tax Act, 1961.

Everything that happens, happens for a reason but one must never ignore the fact that the only certainty that life offers is uncertainty. You might be doing great today but no one guarantees that this situation will be the same forever. So act wisely. Invest in your well-being as you are priceless. Opt for a plan that caters maximum of your health needs and revise it as per your requirement. I strongly believe a woman is unstoppable after she realises she deserves better. After all women are the real architects of our society.