It is common knowledge that buying health insurance at a young age makes it more economical. However, many people wait till later in life to buy a health insurance plan. It is not rare to find young parents in their thirties buying health insurance. Thankfully, it is not too late to buy health insurance at this stage of your life. So if you are a thirty-something year old, you can easily get a health insurance plan. Read on to know more.
Tips to buy health insurance in your 30s
Here are some tips to help you find the best plan:
- List down your needs –
Start by listing down your needs. This means that you need to see what kind of coverage you need from your Health Insurance Plan. If you only need the life cover to cover the financial needs of your spouse and child, you can make do with a small life cover. If however you have elderly parents to look after, in addition to your spouse and kids and you have a home loan that you are still paying, you need a sum assured that will cover all these expenses. It is therefore essential to assess your needs and then get a health life cover that’s substantial. - Make a budget –
The different health plans are priced differently. You should get a wholesome life cover, but the premium should match your financial capacities. The premium should be such that you can afford to pay it on time and keep the plan active. - Compare –
When you buy a health insurance plan online, you should compare the options. When you compare, you can easily and quickly find the best health plan. This helps you to save money and also to get the best possible coverage to keep yourself and your loved ones protected. - Look for riders –
Riders allow you to make the health plan more custom-made for your needs. The popular health insurance riders include the critical illness rider, the disability rider, etc. Look for the riders that would be of good use to you and add them to the policy when making a purchase. However, choose only the ones you need because every added rider will make your plan more expensive. - Get an online plan –
Last but not the least, always look to buy health insurance online. Online plans are much cheaper than offline plans. Also, you get to compare and make an unbiased choice when you shop online for the health cover.
Must Read: 5 Ways to Get Affordable Health Insurance Quotes
Follow these steps and you will get an excellent health insurance plan without any hassles whatsoever.
The bottom line
A person who maintains a healthy lifestyle and is fit gets the health insurance plan at a lower rate. If you develop certain health conditions, the health plan will become more expensive and difficult to get as well. So stay fit and remember to buy your health plan at the earliest, because the more you delay, the more complicated the purchase process will get.
