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'I am fit and fine' attitude may prove costly; buy health insurance early

Sum insured in health policies should be raised at key life stages and then every 3 years

Sanjay Kumar Singh 

Youngsters who have graduated recently from college and begun working often ignore buying a health insurance policy. The attitude often is: “I am fit and fine. Why do I need health insurance?” Experts, however, say that the purchase of health cover should be the first step in a person’s financial planning.

Many such youngsters tend to have an education or a car loan. It then becomes all the more important why one should buy health cover so that an illness or an accident does not dent their finances drastically. A 25-year-old should ideally purchase health cover for at ...

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First Published: Fri, December 20 2019. 00:17 IST
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