Women being the important part of the family, having insurance should not be optional. Women homemakers are mostly covered under the spouse policy. It is better to have a women's special insurance policy so that it caters to different health needs of women.
Never put off purchasing health insurance for women, ensure total coverage and protect the backbone of our family. In India, the pattern has shifted dramatically, with many working women now trained enough to look after themselves and obtain sufficient health coverage.
What are Women's Health Insurance Plans?
A number of general and health insurance providers are developing plans that are favourable to women's expenses. These policies are created by health insurance providers with women's needs and health needs in mind. Through these plans, you can comfortably meet the specific medical criteria without being a financial burden to others.
HDFC Life Smart Woman Plan
The HDFC Life Smart Woman Plan is a life insurance policy for women that helps to achieve their goals. The plan ensures that your investments expand, allowing you to focus on your career and continue to make a difference in the lives of others. The plan's starting premiums are Rs. 24000 a year, and it's only available on an annual basis.
Features of Women Insurance Plan:
Options to choose from 4 funds to suit your risk appetite:
1. Income Fund
2. Balanced Fund
3. Blue-chip Fund
4. Opportunities Fund
You can select any of the 3 Benefit Options:
1. Pregnancy complications or the birth of a child with a congenital disorder
2. Diagnosis of cancer of female organs
3. Death of spouse (Only with Elite option
Tata-AIG's Wellsurance Woman Policy
It is a Wellsurance plan, a combination of fixed benefit and an indemnity plan. The majority of expenses are paid out in one lump sum, while ambulance costs are paid out on an indemnity basis.
Features of Tata-AIG's Wellsurance Woman Policy
There are 11 vital illnesses covered, and the amount insured is paid out in a lump sum.
When you are admitted to the hospital due to an accident or illness, you will get a regular cash payout.
Cosmetic restoration surgeries are covered if they are the result of a covered accident.
HIV and AIDS, as well as other sexually transmitted diseases, are not included.
Expenses linked to pregnancy, miscarriage, and sterility, as well as other related concerns, are excluded.
Bajaj Allianz Women Specific Critical Illness Insurance Plan
Women Specific Critical Illness Insurance is an excellent option for protecting oneself against the possibility of serious illnesses. It is a Bajaj Allianz critical illness product designed specifically for women.
Features of Bajaj Allianz Women Specific Critical Illness Insurance Plan:
Avail income tax benefit under Section 80D of the Income Tax Act.
Women Specific Critical Illness Insurance is an annual scheme offered by Bajaj Allianz that protects women aged 21 to 65.
The amount insured for Women Specific Critical Illness ranges from Rs. 50,000 to Rs. 2 lakh.
If women have a baby with a congenital illness or disability, they will be reimbursed 50% of the amount insured. Only the first two children will be eligible for this payment.
If you lose your job within three months of being diagnosed with any of the critical illnesses protected by your policy, it will pay you Rs 25,000 as a loss of work compensation.
Reliance Health Gain Policy
Reliance Health gain Policy is available on an individual and family floater sum insured basis. For a girl child or a single woman, a 5% premium discount is available. If you don't want to burn a hole in your wallet in an emergency, the policy is a great option.
Features of Reliance Health Gain Policy:
Available in two options: Plan A - Sum Insured: Rs. 3 Lakh, Rs. 6 Lakh, Rs. 9 Lakh, and Plan B - Sum Insured: Rs. 12 Lakh, Rs. 15 Lakh, Rs. 18 Lakh.
Inpatient treatment, domiciliary hospitalization, pre-and post-hospitalization, organ donation, accidents, critical illness, specific ailments, pre-existing illnesses (with waiting periods), and emergency ambulance are all covered.
Access to wellness professionals and other online resources, including booking for medical appointments, customized eating plans, and health risk assessment.
People aged 91 days to 65 years can be covered for sums insured ranging from Rs. 3 lakh to Rs. 18 lakh.
The Jeevan Bharati-I plan from LIC is designed specifically for women. It's a profit-sharing scheme with exclusive features tailored to women's needs. As optional Riders, the package also includes Accident Benefit, Critical Illness Benefit, and Congenital Disability Benefit.
The policyholder can take advantage of the survival benefit at any time before or after the policy's due date. If you want to take advantage later, you will be entitled to a higher survival value at the rate set by the company from time to time.
|Insurance Company||Plan||Sum Insured (in Rs.)||Coverage Benefits|
|TATA AIG General Insurance Company Limited||Wellsurance Woman Policy||1.5 lakh - 7.5 lakh||Coverage for 11 serious conditions, regular cash in the hospital, cosmetic replacement surgery if triggered by a covered injury.|
|Bajaj Allianz General Insurance||Women Specific Critical Illness Insurance||50,000 - 2 lakh||Breast cancer, fallopian tube cancer, cervical cancer, and burns are all covered.|
|Reliance General Insurance||Health Gain Policy||3-18 lakh||Benefits such as call option, online health, policy service guarantee, accumulated bonus, reinstatement of a base amount insured are all available.|
|HDFC Life||Smart Woman Plan||24,000- 1,00,000||The plan ensures that your investments expand, allowing you to focus on your career|
|Jeevan Bharati-I||LIC||50000 - 500000.||Optional Riders include Accident Benefit, Critical Illness Benefit, and Congenital Disability Benefit.|