Why health insurance is important for women

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Why health insurance is important for women
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Benefits

• Women-specific products

• Cashless hospitalisation at any of the
  insurance companys network of hospitals
• Pre and post- hospitalisation expenses
• Cost of health check-up at authorized centers
• Maternity benefits that are covered at the
  time of hospitalisation
• Pre-natal and post-natal expenses
• Cover for newborn babies, vaccination
  expenses etc
• Policies which cover the extended family of
  the proposer
• Pays a lump sum in case the policyholder is
  diagnosed with any critical illness, including
  cancer, heart attack, stroke, and kidney failure
• Tax benefits under Section 80D
• Policy covers critical illnesses of women
  like breast cancer, cervical cancer, spondylitis

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For single-married women

• The medical expenses to be borne by
  single-married women are very high. If they
  happen to face any critical illness in the
  family, a comprehensive healthcare product and a
  critical illness product provide the required
  financial support to them.

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For a single parent

• Your child can be covered under comprehensive
  health cover along with you
• Child care benefits can be available under
  the same cover
• The cover includes the charges for
  vaccination for child less than 12 years of age
• You can cover your own parents under a single
  cover along with your children
• All hospitalisation costs will be covered in
  case of any critical illness

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For a newly married couple

• Newly wedded women can opt for such a
  product and avail the maternity benefit when they
  start family planning. The couple can avail the
  maternity benefit with only two years of waiting
  period when both husband and wife are covered
  together.

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For women staying in a joint family

• If a woman is staying in a joint family,
  there are options available in the market that
  cover as many as 15 people in one policy like
  self, spouse, dependent (unmarried and up to the
  age of 25 years) or non-dependent children,
  dependent or non-dependent parents, dependent
  siblings, daughter-in-law, son-in- law, parents
  in law, grandparents and grandchildren (maximum
  up to 15 members).

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For senior citizens

• Senior women citizens can avail the benefits
  of a health insurance at the time of
  hospitalisation when they are diagnosed with any
  illness. Post-hospitalisation services like
  nursing are also provided to them and these
  become beneficial at times when there is no one
  to take care at home. In some policies, there is
  no age restriction to enter and the benefits to
  various individuals may change from policy to
  policy.

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How to purchase policy

• The policy can be purchased online.
  Alternatively, you may contact the nearest branch
  or the call centre of the insurance companies and
  they will depute a suitable official to get in
  touch with you to explain the product offerings

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How to choose insurer

• One should always buy insurance from a
  reputed insurer that has a good record of
  servicing and claim settlement, as these are the
  features that become critical when you are
  actually in need. A cheaper policy may not always
  be the best for you. Choose a policy that suits
  your requirements in terms of coverage and sum
  insured. Go through the prospectus and policy
  wordings to understand the waiting periods,
  exclusions and sub-limit under the policy. Make
  an informed decision before signing on the dotted
  line.

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