Health Insurance is an Investment for Your Future:

If you are young, healthy and hearty, then buying a health insurance can prove to be really easy for your pockets. You get a lot of benefits including a long coverage period, low premiums, a higher sum assured and much more. Generally, an individual's age and health condition are the deciding factors for the calculation of health insurance premium. "The younger and healthier the applicant, the lower is the premium amount." Surely, there are numerous reasons which prove that buying a health insurance plan at a younger age is a smart decision.

Tax Benefits-

Health insurance is one of the best ways to save tax under Section 80D of the Income Tax Act, 1961. You can avail tax benefits for a longer period if you buy a health insurance plan at a young age.

Investment-

If you buy a health insurance policy at a young age, it's likely that you will get the best deal and your policy will be approved without any problem. The basic hospitalization costs have seen a spike of more than 10% in a decade. Hence, it makes sense to stay safe with a sound insurance plan.

Importance of Health Insurance in India-

With the exponential upsurge in health care costs, it has become imperative for everyone to look for health insurance plans and be covered under a good health insurance policy. A health insurance policy safeguards you and your family against the risk of a sudden hospitalisation and all the related expenses. It is the only way by which you can escape the financial burden of an uninvited surgery or illness.