{"id":103,"date":"2025-02-07T15:55:32","date_gmt":"2025-02-07T15:55:32","guid":{"rendered":"https:\/\/www.petalike.com\/?p=103"},"modified":"2022-07-07T08:50:38","modified_gmt":"2022-07-07T08:50:38","slug":"7-reasons-why-health-insurance-especially-after-your-marriage","status":"publish","type":"post","link":"https:\/\/www.petalike.com\/?p=103","title":{"rendered":"7 Reasons Why Health Insurance, especially after your marriage!"},"content":{"rendered":"

In 2014 more than 80% of the Indian population wasn\u2019t covered under any health insurance. But this situation is steadily changing, with 27% of Indians are covered under health insurance in 2017, according to the National Health Profile (NHP) data.<\/p>\n

In other words, since availing affordable medical services is not an easy task due to huge medical inflation, people are trying to protect themselves from long medical bills.<\/p>\n

Now, your requirements with respect to health insurance do not remain the same throughout your life.<\/p>\n

Especially after marriage, your responsibilities increase manifold, with you being accountable not just about your wellbeing, but also the wellbeing of your spouse.<\/p>\n

Thus, a Family health insurance<\/strong> policy at this juncture is an absolute necessity.<\/p>\n

Following are a few benefits you can avail from health insurance policies that will substantiate why should avail one post marriage:<\/p>\n

1. All hospitalization benefits<\/strong><\/h3>\n

A health insurance policy covers every expense incurred while seeking treatment at a hospital, whether for \u2013<\/p>\n

    \n
  • Accidental hospitalization, or<\/strong><\/li>\n
  • Illness-related hospitalization<\/strong><\/li>\n<\/ul>\n

    Therefore, whether the hospitalization happened due to an accident or any critical illness, the insurance provider will take care of all the medical bills during your stay.<\/p>\n

    2.Pre & post hospitalization benefits<\/strong><\/h3>\n

    Now you might be wondering, what about the expenses incurred while seeking treatment, outside your hospital bills?<\/p>\n

    Well, health insurance does cover all relevant pre and post hospitalization expenses \u2013<\/p>\n

    Pre-hospitalization:<\/strong><\/h4>\n

    Financial liabilities such as doctor\u2019s fees, medication, and medical tests occur even before getting hospitalized. These pre-hospitalization costs are covered with health insurance.<\/p>\n

    Post-hospitalization<\/strong><\/h4>\n

    Even after discharge follow-up visits to doctors and other outpatient visits are covered under health insurance to save you from any further financial loss.<\/p>\n

    3.Maternity benefit<\/strong><\/h3>\n

    If you have plans of starting a family in the near future, you must think about purchasing health insurance with maternity cover<\/strong> at the earliest. With a maternity benefit add on, you will be able to avail coverage for all costs associated with childbirth, two years after you have purchased the policy.<\/p>\n

    This add-on provides pre-hospitalization coverage for 30 days, post-hospitalization coverage for 60 days, child-delivery expenses including medically necessary termination, infertility expenses, pre, and post-natal expenses incurred during the first 90 days.<\/p>\n

    \n
    \"Health<\/figure>\n<\/div>\n

    4.Family floater<\/strong><\/h3>\n

    Before marriage, an individual health insurance plan might have been enough to protect you against financial liabilities incurred while seeking treatment.<\/p>\n

    But post-marriage, if you are seeking complete health insurance coverage for your entire family, a family floater is the right answer. Rather than just covering one person, a family floater plan provides you medical expense coverage for all members of your family, under one policy.<\/p>\n

    Thus, a family floater is advisable for every married person.<\/p>\n

    5.Tax benefit<\/strong><\/h3>\n

    As per section 80D in Income Tax Act, you can avail tax benefits on the premium you pay towards your health insurance policy. These are \u2013<\/p>\n

    \n
    \n\n\n\n\n\n\n
    Eligibility<\/strong><\/td>\nExemption limit<\/strong><\/td>\n<\/tr>\n
    Health insurance for self and family (spouse and children)<\/td>\nRs. 25,000<\/td>\n<\/tr>\n
    For self and family + parents (below 60 years of age)<\/td>\nRs. (25,000+25,000)= Rs. 50,000<\/td>\n<\/tr>\n
    For self and family (where the eldest member is below 60 years of age) + parents above 60 years of age.<\/td>\nRs. (25,000+50,000) = Rs. 75,000<\/td>\n<\/tr>\n
    For self and family (where the eldest member is above 60 years of age) + parents above 60 years of age.<\/td>\nRs. (50,000+50,000) =\u00a0 Rs. 1,00,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/figure>\n

    These tax benefits allow you to save a substantial portion of your tax payments and contribute to your savings fund, which is one of the priorities post-marriage.<\/p>\n

    6. No Claim Bonus<\/strong><\/h3>\n

    Again, post-marriage, most people look for ways to minimize their spending in a bit to save a substantial part of their income. In this respect, the No Claim Bonus benefit on health insurance can be particularly beneficial.<\/p>\n

    Now, what does it mean?<\/em><\/p>\n

    Well, No Claim Bonus refers to the benefit wherein for every no-claim year, you can avail a higher sum insured at the same premium for the subsequent year. This way, you can save on your premium payments towards your health insurance policy.<\/p>\n

    7. Complementary health check-ups<\/strong><\/h3>\n

    After marriage, your responsibilities increase manifold and that is why it is crucial for your remain healthy. To make sure that you are at the pink of your health, a yearly full-body check-up is a necessity.<\/p>\n

    \u00a0In this regard, the complimentary check-ups provided on the renewal of health insurance policies every year can be especially useful.<\/p>\n

    Once you renew your health insurance policy for the next year, you will be reimbursed for your total expense towards any annual medical test and check-ups at any hospital of your choice.<\/p>\n

    In conclusion, this policy can help you keep the balance of your marriage, expense, and inflation. So make haste and opt for a health insurance policy today!<\/p>\n

     <\/p>\n","protected":false},"excerpt":{"rendered":"

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