A gift to yourself: Why must women buy health insurance this womens day?


06 Jun 2023

The Importance of Women's Health Insurance

International women's day honors the economic, social, cultural, & political achievements of women across the globe. It is a day to recognize the advancements that women have made in various fields while also acknowledging the challenges that they continue to face in terms of health.

Therefore, as we celebrate International Women's Day this year, it is important to acknowledge the unique challenges that women face when it comes to their health. However, accessing quality healthcare can be expensive, which is why health insurance is a vital investment for every woman.

Here is why women health insurance is a must for all the females out there.

  1. Distinct health requirements

Women health insurance is crucial, especially because women have distinct health needs from men. From reproductive health to chronic illnesses, women have to face more health issues that need to be addressed.

  1. Pay disparities

Healthcare costs can be exorbitant, and unexpected medical emergencies can easily drain one's savings. Unfortunately, even today, women are fighting for equal pay as they are paid less in most sectors when compared to men. By having women health insurance, you can avoid financial hardship and focus on recovery.

  1. Preventive health checkups

Health insurance provides women with access to preventive care services, including regular checkups, screenings, and vaccinations. For instance, regular mammograms can help detect breast cancer early, which can significantly increase the chances of survival and decrease treatment costs.

  1. Maternity care

Women health insurance also covers maternity care, which is crucial for women who are planning to have children or are already pregnant.

  1. Chronic conditions

A recent study has found that women are more likely to be diagnosed with chronic conditions, such as hypertension, diabetes, and arthritis, than men. Thus, having a health insurance policy can help manage their condition and prevent it from worsening.

Unfortunately, women still face significant barriers to accessing quality healthcare. In many countries, women are more likely to be uninsured compared to men. Even when they have health insurance, they may face gender-based discrimination when seeking medical care.

Here are a few women health insurance policies that you may need as a woman based on your health requirements:

  1. Auto-immune diseases coverage

  2. Loss of job coverage

  3. Maternity coverage

  4. Critical illness coverage

  5. Domiciliary expenses coverage

  6. Heart and blood pressure-related ailment coverage

  7. Post-hospitalization coverage

Women's health insurance is one step that can help women achieve greater gender equality. Women who have access to quality healthcare are more likely to participate in the workforce, pursue higher education, and lead fulfilling lives.

This International Women's Day, let us commit to ensuring that all women have access to quality healthcare and comprehensive health insurance. By doing so, we can help women lead healthier, happier, and more fulfilling lives.

So, if you are a woman, present yourself with the gift of women's health insurance. If you are a man, encourage the women in your family to do the same. Let's walk towards gender equality in India, encourage everyone to think about their well-being. Buying women health insurance is a critical investment for women's health and well-being. So, do it before it is late.

Team Kotak GIC

The content of this blog has been created and carefully reviewed by the esteemed team at Kotak General Insurance, with the sole purpose of providing valuable guidance and sharing insights on the importance of general insurance. Our objective is to assist users in making informed decisions when purchasing or renewing insurance policies for their cars, bikes, and health. Our expertly curated information aims to empower our readers with the knowledge they need to protect their valuable assets and financial interests.