Key Changes You Should Make In Your Health Insurance Plan After Marriage
Updated On Oct 22, 2020
Health insurances have now become the need of the hour. The future is uncertain. No one can predict their health levels accurately. Even if you are following a healthy lifestyle and trying to eat clean, the environment around us and the air we breathe can deteriorate our health completely.
Being proactive and opting for the health insurance plan is a great way to deal with unpredictable events of your life. At the same time insurance helps to balance your financial stability and keep your budget in check.
Generally, people opt for one plan and it can be changed according to various phases and events one experiences in his/her life. One such important phase in life is Marriage. Life changes completely after marriage. With increased responsibilities comes a burden of more financial needs and backups.
Managing finances is a crucial aspect of marriage. If you are about to get married or have got married a few days back, this guide is for you that includes the key changes you should make in your Health Insurance plan after marriage.
Key Changes To Make In Health Insurance Plan After Marriage
The following list elaborates on the things you should check in your health insurance plan after marriage:
1. Upgrade The Plan To A Family Insurance Plan
Since now a family is to be raised and indeed this is the most crucial stage of one's life. Upgrade your general health policy to a family health plan which would cover your spouse and other family members too. The biggest advantage of choosing a family health plan is that you only have to pay a one-time amount. The coverage also included the tax benefits which comes under Section 80 D
2. Opt For Maternity Cover
It is always advised to choose a maternity cover option as soon as you get married. Maternity covers come with a waiting period and can range between 0 to 4 years. Being that Maternity cover is active only after the completion of the waiting period, being proactive is the key.
3. Get A Top Up Plan
Many insurance companies provide add on plans which would protect your families and safeguard you in medical emergencies. It includes a personal accident plan, a critical illness plan, and many others.
Marriage is an important event in a person's life. As they say, change is the only constant, apart from your lifestyle and habits your insurance policy should also be upgraded for a secure life ahead.
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Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.