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Why Do You Need Health Cover?

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We need to invest in health insurance plans so that we are financially prepared for the unexpected, and do not end up hampering the financial security of our family because of critical health issues that may arise.

What is Health Insurance?

Health insurance is an insurance product which requires a nominal periodic premium and covers medical and surgical expenses of the insured individual, subject to terms and conditions of the insurance coverage.

Why health insurance? 6 Reasons You Need Health Cover 

• Lifestyle Hazards: Our environment is polluted, we are surrounded by gadgets all day, we are consuming preservatives in our food and our general way of life has become unhealthy with haphazard eating and sleeping habits. So in this time and age, even in your 20s you are not completely healthy. A health cover ensures that if at all a problem may arise, it does not throw your finances for a toss.

• Premiums are lower for younger ages: In his/her 20s one might feel that it is too early for buying health insurance cover as chances of critical illness are very low. But it is better to be safe than sorry. Moreover, the younger you are, lower the insurance premiums so you basically end up spending a nominal amount for securing your precious future.

• Group health insurance is not sufficient: Corporate employees are already covered under group health insurance. While it does add a sense of security, it is not enough. The cover is lower in case of group health insurance and a lot of critical diseases might not be covered. An individual health insurance policy customized to your needs and lifestyle is the ultimate promise of security.

• It covers more than just hospitalisation: A truly all encompassing health cover includes a lot more such as OPD charges, maternity plans, day-care procedures, ambulance, and also a number of non-hospital related services such as physiotherapy, optical, dietary advice, Ayurveda and homeopathy as well.

• Buying it timely helps you sail through the waiting period: Health insurance plans come with waiting periods for certain surgeries, critical diseases, pre-existing conditions and maternity benefits. When you buy health insurance cover at a young age, by the time you actually need the insurance cover, you would have already covered the waiting period.

• Rise in critical illnesses: Some diseases like cancer, heart diseases etc. are on a rise and affecting seemingly healthy and young individuals as well. An elaborate health insurance cover for critical illnesses will ensure that even in such unfortunate cases, you can provide security to yourself and your family.  

Understanding why health insurance is important is the first step. Buy health insurance from HDFC ERGO and be assured of seamless support, maximum coverage, convenient claims and lifetime comfort.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before going ahead with the sales.