Health insurance or medical insurance cover is something which is necessary in the life of every individual. It gives you a major cushion considering the fact that treatment costs in India have gone through the roof. 

Having said that, it is always good to buy a medical insurance before 30 as it helps is tackling medical emergencies. 

In view of this scenario, financial advisors often ask people to buy a health insurance at an early age in life. So without further ado, here are 5 reasons why you should by an health insurance before you turn 30. 

It may be noted that buying an insurance premium earlier will reduce your monthly contribution towards it. Suppose if you buy a medical insurance of Rs 5 lakh at the age of 25, you will need to shell out Rs 5,000. 

The same insurance cover cost rises to Rs 6,000 per month when you are 35 years old; and at 45, the cost goes up to Rs 8,000 per month. This is one reason why financial advisors ask people to get a medical insurance cover early in life. 

Better financial planning

Having an health insurance in place is beneficial as it lets you save significantly in case of any medical emergency. In a case where you donot have a medical insurance, you may be gripped with probems related to financial instability in an event of a medical emergency. 

Sometimes treatment requires lakhs of rupees and giving that from you own pocket can radically impact your future financial plans. So it is best that you buy an insurance cover before 30 to be prepared for the times ahead. 

Perks of early buying

Individuals should note there are several benefits of buying an health insurance early in life. After buying a medical insurance or health plan, you have to serve several waiting periods for specific surgeries, special treatments and pre-exesiting illness coverage. 

So buying it at a time when you actually do not need to use it immediately will serve you at its best later on in life. Besides, you also earn more loyalty bonus if you buy a medical insurance early in life, preferably before 30. 

Don’t depend only on employer insurance 

While most employers offer an elementary insurance cover or Rs 3 lakh-Rs 5 lakh, it is definitely not enough to tackle medical emergencies which are more complex. Over the past few years, health care costs have gone through the roof. 

Chances are that you company’s coverage will support you for either a day or two in case of a major medical emergency. In such a scenario, it is always best to be prepared with a medical insurance to prevent any financial disruption in future.
Holistic health coverage 
It is also ideal to buy a medical insurance at a young age as it is a complete protection guard against any medical emergency that may arise in the future. Worth mentioning that a medical insurance not only covers hospitalisation costs but also day care procedured and OPD. 
It may be noted that all kinds of diseases are covered under a medical insurnace and most plans also come along with maternity benefits. 
Depending on the health insurance cover you have bought, you will get access to a wide range of medical services such as ambulance, non-hospital services such as chiropractic, dental, physiotherapy,optical, Ayurveda therapy and much more. 
While selecting an insurance plan, you can either go for a single-user package or a bigger customised cover for extended family.