Do you think that being in late teens and early twenties is a very early age to think about health insurance? Then answer this- When you can vote, race your bike or car, break rules, stay out late and finally decide what to do with your life, then having Mediclaim at a young age becomes a need too. Here is why you should buy Health insurance:
1. Use the advantage!
When you want to buy a health insurance policy later in life you find numerous limitations and conditions to face! You will have to undergo a waiting period for pre-existing diseases and the premium will be high. On the other hand, when you buy a policy now, you will have no pre-existing disease, hence mostly all the diseases will be covered.
2. Your Investment for the future
You may feel that buying the policy at this age will only mean losing that premium money, but actually the cost of the premium is negligible compared to amount that you may have to pay in terms of a hospital bill. Even if you don’t claim for a period of ten years, your investment in health insurance will be a profitable one. Imagine paying Rs. 1200 for 10 years which means Rs. 12000 at the end of the 10 years. On the other hand even a simple hospitalization will come to Rs. 20,000. So in all ways, you will profit.
To know more see Eligible to Vote? Time to Buy Health insurance!