The proliferating of diseases and the rising medical costs in the present days should remind individuals of the importance of buying a medical insurance. A person can meet a medical emergency at any time in his life and the resulting trauma can cause a severe impact on him, both emotionally and physically. Therefore, financial advisors suggest people to get health insurance before they turn thirty so as to avail the best offers and receive maximum health coverage.
Our health insurance experts have laid down few points for you to decide on buying a health insurance before turning thirty. Those above thirty can still avail the benefits but with a limited coverage.
Early bird catches the best offer
When you buy an insurance policy when you are under the age bracket of thirty, you will have to pay lesser premium and will also have long tenures. Also, you will get the best health coverage for your plan due to young age. For instance, if you are buying a policy when you are twenty six years old, you’ll have to pay fewer dollars. And when you plan to buy the same insurance plan after eight years, you might have to pay too many dollars in order to get the plan. The earlier you book the better is your resulting health coverage.
Lifestyle illness has seen an increase
With a large mass of people doing desk-bound jobs, illness doesn’t seem to wait until you become sixty plus. Any day you may get attacked with any form of illness or diseases. The sedentary lifestyle has made people weak and get easily influenced to certain diseases such as stroke, heart diseases, lung infections, and cancer etc. Also health packages offer annual health checkups at no cost to detect illness if any in order to receive treatment soon. Therefore, it is better if a person gets himself insured early in his life.
Become a better financial planner
When you buy health insurance at a young age, you learn to manage your finances better. One doesn’t know what is going to happen the next moment. So if you have already allotted finance for health insurance, you can efficiently tackle the situation.
Receive a comprehensive service
Usually, people below the age of thirty or twenty five do not get affected with serious diseases. But as you grow older, there are chances you might be attacked with any illness. It is always better to be prepared. With huge premiums you have paid for your insurance policy, getting diagnosed for some diseases later in life could be treated efficiently by claiming the insurance. Various other tests and medicines could be availed at free or lesser cost if the health insurance is bought early.