After worked hard for a month, you have finally landed your first salary credited message on your phone. Wao! It's exciting! You must be having a butterfly in your stomach whenever you see your salary regardless of the amount. It may even give you some sleepless nights when you keep hunting the right gift for yourself. Till now, you must be having a list in your mind where you want to spend your hard-earned money. But, take a moment! Do you ever think that gadgets, branded clothes, dine out, parties, will help in the future?
You should think about the gift that gives you, and your family keeps you and your family in healthy spirits even in the corona pandemic. Yes! It is the best health insurance that we are talking about.
So, let's find out why buying health insurance from your first salary is a wise choice:
Sense of Peace
The economy hits badly due to coronavirus outbreak, and there is no job stability these days. Health insurance helps you combat any medical crisis without spending from your pocket and keeping your money for future purposes that give you a sense of peace.
Rising Incidence of Lifestyle Disease
The sedentary lifestyle and stress cause several lifestyle diseases like cancer, kidney failure, heart ailments, etc. The treatment of such diseases is long term and can cost in lakhs of rupees. The right medical insurance covers such treatment expenses and gives you better health care.
Skyrocketing Medical Inflation
As a repercussion of global pandemic and healthcare advancement, medical inflation is skyrocketing. Treatments, diagnoses, medicines, daycare, etc. are becoming out of pocket expenses for many. As you have just started your job, health insurance is the solution that keeps you out from the burden of hefty bills during medical eventuality.
You will be glad to know that your young age helps you get health insurance at an affordable premium. As the amount of premium depends upon the age, the more you age, the more premium you need to pay. Therefore, you can easily have the best health insurance at a low premium.
Your family comes first for you, and their safety is your utmost priority. So, now when you have earning hands, you can protect your family from evils of health. You can cover your family members in your policy and avail maximum benefits without paying an extra premium.
Medical insurance helps you to save lots of money and keep you in peace. Once you get settled in your job and get some hike, you can think about further investment. You can buy a house, car, mutual funds, etc. to double your savings.
For youngsters buying health insurance is always a win-win situation. You can get healthcare coverage for yourself and your family and also avail tax benefits. Under section 80D of the Income Tax Act of India 1961, you can get the exemption from tax against the premium you pay for health policy and save your money.
Over to You!
Life is not as normal as earlier after the pandemic. So, before the corona crisis become a spell doom for your finances, gift yourself 'Care.' It is comprehensive, and the best health insurance plan offered by Care Health Insurance (Formerly Religare Health Insurance) caters to your health care needs. So, grab it now and say cheers to your first salary.