With changing dynamics of the healthcare business, it is foregone conclusion that
Health Insurance is no more a product meant only for elderly people. In today’s
world, where stress and uncertainty are inseparable from human life, Health Insurance
is the best hedge against the rising cost of staying healthy. In fact, having a
Health Insurance is no more an option today – it is a necessity. With
medical inflation estimated around 15% since last few years, not having a Health
Insurance could be risky. Despite understanding the importance of Health Insurance
as a financial protection product, people generally show a relaxed attitude when
it comes to taking Health Insurance for children.
The fact of today’s life is that the medical emergencies can strike on
anyone and anytime, irrespective of age. While experiencing health issues in the
old age is almost natural, the incidences of health issues in younger children are
not rare. In fact, young children need additional medical attention due to a variety
of reasons. Let’s understand the need of Health Insurance among the young children.
Weaker immune system: Young children’s immune system
is not fully developed, which means their natural capability to fight diseases is
limited. Children, especially very young ones, are more vulnerable as their immune
system is quite fragile.
Children’s propensity to health problems: Children are
generally vulnerable to diseases due to their occupation. In general, they tend
to contract diseases more than the adults. They often tend to come in contact with
other children who could be suffering with contagious diseases. They tend to eat
food that is not always healthy and hygienic. And they are also vulnerable to physical
strain due to the sporting activities they get involved in. Any of these seemingly
simple conditions can get serious if adequate care is not taken.
Prone to accidents due to slow reflexes: The reflexes of young
children to external actions are relatively slower compared to grown-ups. Children’s
reflexes to external actions develop with age. So till the time the reflexes are
adequately developed, young children remain prone to accidents.
While children are susceptible to illnesses, diseases and accidents, specialized
care – in terms of expertise and equipment – is required while
treating them. And the specialized care comes at costs that more than the routine
Amid this scenario, one cannot afford to wait for the “right”
time for taking Health Insurance. It is a product meant for everyone from a new-born
child to an elderly individual – all of who are vulnerable to medical
emergencies, irrespective of age, gender or family’s medical history.
HDFC ERGO General Insurance Company understands that families stay financially
protected against the costs of potential medical emergencies that involve young
children and most of its key products are available to children. HDFC ERGO’s
flagship product Health Suraksha is available
for children from the age of 91 days onwards if both parents are covered under same
policy. HDFC ERGO’s comprehensive Personal Accident Coverage is also offered
at affordable price extendable to the entire family in a single policy including