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insurance policy: At what age should one buy a health insurance policy, which time is the best

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insurance policy: At what age should one buy a health insurance policy, which time is the best

Many people buy health insurance at the age of 25, while many people buy health insurance at the age of 30 and 35. In such a situation, a question arises in the minds of those who have not yet taken health insurance, what is the right time to buy health insurance?

Health Insurance: In today’s time, health insurance has become an important part of financial planning. Health insurance protects you from the big expenses incurred at the time of any illness or treatment. Many people buy health insurance at the age of 25, while many people buy health insurance at the age of 30 and 35. In such a situation, a question arises in the minds of those who have not yet taken health insurance, what is the right time to take health insurance?

The answer to this big question is very simple. The sooner health insurance is taken, the better it is considered. That is, if you are 25 years old and are able to buy health insurance for yourself, then you should not delay and buy health insurance. There are many benefits of buying health insurance at a young age, let us know.

Premium
The premium of health insurance depends on your age and medical condition. If you are young and your medical history is clean, then your insurance premium is significantly reduced. With increasing age, health related problems start occurring, due to which the premium increases.

Great coverage
There is a higher expectation of great coverage when you buy a policy at a young age. Actually, companies have very little tension regarding claims for younger customers. In such a situation, insurance companies provide great coverage in the policy to younger people.

pre-existing diseases
Insurance companies keep a waiting period of 2-3 years for coverage of existing diseases. That is, if you have any disease, you will start getting coverage for it after 2 or 3 years of buying the policy. On the other hand, usually a person does not fall prey to diseases at a young age and in such a situation, if he already has a policy, he will not have to wait for coverage of any new disease.

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