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8 Health Insurance Mistakes Newly Married Couples Should Avoid

8 Health Insurance Mistakes Newly Married Couples Should Avoid
Newly married couples: 8 health insurance mistakes to avoid · livemint.com

When you get married, it's important to think about health insurance.

Many couples forget about it while planning other things like buying a home or going on a holiday.

But not having good health insurance can be very expensive if there's a medical emergency.

It's not just about buying a policy; it's about making sure you have long-term protection for both partners.

You should review your existing policies to see if they are enough.

Sometimes, a family floater policy with higher coverage is better than having separate policies.

Maternity cover is important and should be planned early because most policies have waiting periods.

Don't rely only on employer-provided insurance because it has limits and ends if you change jobs.

Also, think about your parents' healthcare needs.

Finally, make sure you have enough coverage to handle rising medical costs.

Key facts

Key Considerations
Sum insured, premium, exclusions, waiting periods, claim settlement process, policy limitations
Maternity Cover
Most policies have waiting periods and maternity benefits are often optional add-ons.
Employer Insurance
Corporate health insurance has coverage limits and ends if you change jobs.
Parents' Healthcare
Separate health insurance for parents can help manage their medical costs.
Adequate Coverage
Selecting an adequate sum insured can protect finances from future medical inflation.

Sources

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