We don’t realize the meaning of the adage health is wealth until we actually have a health problem and regret the fact that we wish we had invested in health insurance sooner. We are dealing with a fast and wild lifestyle and on top of that we have to deal with increasing pollution, contaminated food and so on.
We are constantly exposed to many health risks. Not to mention that medical costs have never been higher. It is impossible to afford an ordinary man. So what should we do? We should invest in good health insurance as soon as possible!
It’s easier to have a good policy when you’re young and healthy. Here are more reasons to invest in health insurance before you hit your 30s.
Employer coverage may not be sufficient
Even if your employer offers you group health insurance, this is not always enough. This is mainly because medical inflation is high and employer health insurance is not always enough to cover increased hospital costs. In addition, you can face many other problems such as changing jobs or losing a job and risk not being insured. So take out your own health insurance to protect yourself financially.
disease development
Sedentary lifestyle, excessive consumption of fast food and increased environmental pollution have led to an increase in non-communicable diseases such as hypertension, diabetes, obesity, lung disease, etc. In addition, these diseases can affect you from a very young age. Serious diseases such as cancer, heart attack, stroke, etc. are more common than we think. It is always better to avoid treatment and prepare for the worst.
Complete the wait before you need it
In the case of previous illnesses and other diseases such as cataracts, hernias, etc., the health insurance companies now provide for a waiting period of two to four years. During this waiting period, the illnesses existing at the time the insurance was taken out are not insured. If you acquired health insurance when you were young, the waiting period can be exhausted when you may need to cover a pre-existing condition or certain medical conditions that require such insurance.
The structure of the National Commercial Bank in the early years
Many insurance companies offer a no-claims discount, especially if no damage occurred in the previous year. If you’re young, you may not need medical attention, so you don’t need to make a claim. This allows you to pool your plan’s NCBs so you can make a claim. Since most national central banks are able to increase the sum insured, in later insurance years you will receive higher coverage with the same premium.
Wider coverage
It is a safer alternative to getting health insurance early and offers broader coverage. Because you are younger and at a lower risk of disease at that age, your insurance company may give you more coverage than when you were old.
Do not check before entering
Health insurance companies only order medical examinations from a certain age – usually 45 – because the older you get, the higher the health risks. When you start buying, you might be able to skip the pre-entry checks. If they find out that you are at risk of health, the policy may have coverage limitations and you may have to pay higher premiums. If you want to avoid such limitations and pay higher premiums, start at an early age.
Lower likelihood of rejection
Your health insurance policy will be approved after your medical underwriting. Medical underwriting can mean an assessment of your health risks. If you are young and healthy, taking out can be convenient and you can take out the policy easily. However, as you get older and suffer from medical complications, health insurance may not be cheap. If you have serious health complications, your insurance company may not approve the plan. So if you buy a health insurance plan at a younger age, you can increase your chances of being approved for the plan.
If you’re under 30 and don’t have a health insurance contract yet, now is the time to do it! It’s always a good time to choose one.
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