Women are excellent at playing many roles: entrepreneur, confident professional, life partner, mother, daughter, etc. Although today’s women are multifaceted individuals, do they give themselves enough consideration while juggling their personal and professional lives? Are they adequately prepared for unforeseen circumstances? More than they ought to be the response. According to insurance statistics, only 20% of Indian women have health insurance, according to the National Family Health Survey.
Reasons Why Women Must Purchase Their Own Health Insurance
The women in a family are its foundation. A woman’s illness has a profound effect on the family’s well-being. Women are more likely than men to suffer from heart disease, cancer, thyroid issues, diabetes, hypertension, and other common illnesses. In addition, women are more likely to experience specific health issues like breast cancer, ovarian and cervical cancer, reproductive tract cancer, and pregnancy. Therefore, it’s critical to consider their healthcare requirements. These days, individual health insurance is a must for women. Claims are subject to terms and conditions set forth under the health insurance policy. *
Several causes and factors lead to women’s lack of knowledge about health insurance.
Lack Of Knowledge: Women should be aware that insurance companies offer a variety of women-centric health insurance plans. The needs of women’s health care are distinct. To meet the needs of women’s health care, insurance companies have therefore launched various cutting-edge women’s individual health insurance plans into the market. Claims are subject to terms and conditions set forth under the health insurance policy. *
Higher Premium Because Of Longer Life Expectancy: Studies show that women outlive men. Women typically use more healthcare services than men do because they live longer and are more likely to suffer from chronic illnesses. For this reason, many insurance companies charge women a little extra for full coverage.
Women Are Still Dependent On Others For Their Financial Decisions: Even though women pursue careers in every field possible, most still prefer to rely on their fathers or husbands when making financial decisions. Because of this, most women would instead be covered by their fathers’ or husbands’ health insurance.
Women Are Busy Saving For Major Life Events: While some women are completely independent and manage their finances, most are busy setting money aside for significant life events. However, they need to be more preoccupied with saving for significant life events like homes, weddings, children, and education to consider the future uncertainties surrounding women’s health care.
Women Do Not Prioritise Their Health: Women typically avoid going to the doctor, not prioritising their health. When faced with a health issue, many women choose to treat it at home. Understanding the health insurance benefits is crucial for making informed decisions about your healthcare coverage and financial security. You can download your Caringly Yours Bajaj Allianz policy online for convenient access to your insurance documents. Claims are subject to terms and conditions set forth under the health insurance policy.
It is time for women to understand the value of their health and the necessity of having individual health insurance. These are some compelling arguments favour women getting their health insurance.
Separate health insurance for women embodies empowerment by recognising their distinct healthcare needs. This approach grants financial autonomy, instilling confidence and security for women to navigate life’s uncertainties. With dedicated policies, women can prioritise well-being, access specialised care, and empower themselves to lead healthier lives.
Get insured anytime, anywhere! Check out Bajaj Allianz General Insurance website to learn more and download the app now.
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