The Relevance of Health Insurance for the Younger Generation
Good health is nothing but being at your best, both
physically and mentally. And being healthy is the way to
wellness and happiness. It should be our top priority,
long-lasting and starting from the early stages of life.
The millennials of today are well-informed and innovative.
But are they conscious enough to understand that
financial protection against unforeseen health-related
expenses is just as essential as remaining healthy? This
point is relevant and critical, especially at a time when
our work culture has taken a paradigm shift to sedentary
nature. Moreover, in today’s competitive world, the
younger generation tend to ignore their health in their
race to meet the aspirations of life.
The essence is that health care and health insurance
aren’t anymore a concern and commodity pertaining
only to the middle-aged and the elderly. The rise in
the incidence and onset of many lifestyle diseases like
diabetes and blood pressure in the younger age groups,
along with the claims data available among insurers,
signifies that the younger generation is equally susceptible
to health risks that are unforeseen as well as lifestyle-
induced. Besides, an unexpected hospitalization and a
heavy medical bill could hit the savings, by shattering
one’s dream for a better tomorrow. Hence, it is worth
as well as wise to have a health insurance cover at a
young age to earn the priceless gift of a long, healthy
and beautiful life.
How is health insurance a safe bet for younger people to
have sustained wellness and happiness?
The Star health insurance plans offer wide coverage
from day care procedures and vector-borne diseases
to maternity benefits and OPD expenses among others.
Also, many wellness-related benefits and discounts are
provided that are very relevant to the millennials.
Bonus for Non-Claim Years
Our insurance policies offer ‘No Claim Bonus’ in the
absence of any claims in the preceding year of a policy
term. The accumulated bonus would ultimately rise up
to 100% in the following years.
Waiting Period and Pre-Existing Diseases
Certain pre-existing diseases are covered only after
twelve, twenty-four or forty-eight months. The benefit
‘of buying a policy early is that pre-existing ailments
automatically get covered as the person ages.
Multiple Choices
Between eighteen and forty years of age you have a
wider choice of Star health plans than you would have in
your fifties or sixties.
Less Premium
The premium amount is less when you insure before
you are forty years old.
You may claim the premium that you pay as a deduction
from your total income under Section 80-D of the
Income Tax Act.
Your good health, well-being and peace of mind are
deeply entwined with the welfare of your family and
loved ones. Hence health insurance, more than an
expense, is an indispensable investment for a blissful
and healthy tomorrow. This is also the reason behind
bringing out our Young Star Insurance Policy, which takes
care of the health risks of people aged between eighteen
and forty years by offering a host of unique benefits.
Stay young! Stay healthy!