Things to Consider While Buying Family Health Insurance Plans For Newly Weds in India
Updated On Mar 29, 2023
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Health insurance is one of the most important insurance products that help in protecting your family and loved ones in case any health emergency arises. There are different types of health insurance plans such as senior citizen health insurance plans, women health insurance plans, child health insurance plans, and more. Likewise, there are family health insurance plans for newly weds that are designed especially for their health insurance needs. So, if you too are planning to start a family or get married, then make sure to buy family health insurance plans. Read on to understand things to consider while buying family health insurance plans for newly weds in India.
Things to Consider While Buying Family Health Insurance Plans For Newly Weds in India
Listed below are the things that you must consider while buying family health insurance plans for newly weds in India:
- You need to first understand your requirements and accordingly invest in a desired family health plan.
- Compare the different family health insurance plans available and only they plan to buy one. A detailed comparison will help you in understanding which plan is best suited for you.
- You also need to check the health insurance premium as it makes no sense in buying a family health plan which has a higher premium and one which you cannot afford.
- You also need to analyse your future goals. For instance, if you are planning to have a baby soon after your marriage, then it makes sense to buy a health insurance plan with a maternity rider.
Reasons Why You Should Buy Family Health Insurance Plans For Newly Weds
Marriage may be one of the most blissful phases of one’s life, but it also brings a lot of responsibilities. Be it financial responsibilities or others, it is better to prepare for everything in advance, so investing in a family health insurance plan for newly weds is a wise decision. There are several other reasons why you should buy family health insurance plans such as the following:
- With a rise in medical expenses, it becomes important to plan for health uncertainties in advance. So, it makes sense to buy family health insurance plans that will provide coverage for your spouse.
- As per Section 80D of the Income Tax Act, there are tax benefits offered on family health insurance plans. So, avail of tax benefits when you buy family health insurance plans for newlyweds.
- Instead of buying a different health insurance plan for your spouse, it is better to buy one plan that covers both. Doing so will prevent you from paying an additional premium.
Thus, you can either buy a new health insurance plan that covers both of you or you can also include your spouse to the existing health insurance plan, in case you have bought a family floater health insurance plan.
Take Away
So, keep the above-mentioned points in mind while buying family health insurance plans for newly weds in India. You can also contact us at InsuranceDekho to know further about different health insurance plans.
Also read: Importance of Cancer Insurance
