Benefits of availing medical insurance in UAE

A popular illusion most people have is that health insurance is useful for the old and not for the young that are hale and hearty. Health is a gamble and illness can knock you down anytime irrespective of age. With an increase in sedentary lifestyles and fast-food diets, the young are also prone to life-threatening illnesses. 

It’s an alarming fact that health insurance is no longer a crutch of retirees only. The young and salaried segment are vulnerable to diseases because of their hectic schedules, unhealthy eating, addictive habits and mounting air pollution levels. Due to this it’s advisable to buy a health insurance cover as early as possible irrespective of one’s life cycle stage to gain access to a myriad of benefits. Although health insurance is obligatory for all residents in Dubai and Abu Dhabi, families in other Emirates can contemplate buying insurance for their young ones. 

Here are 5 benefits of availing medical insurance at an early age. 

Reduced health risks  

Diabetes, cancer and heart diseases can affect people as early as age 20.  As health insurance policies encourage annual health checks ups, you’d be more aware on the status of your family’s health and can fight sickness early on. Diagnostic medical services help detect symptoms so that you avail timely treatment and vaccines to prevent spread of disease. Owning a health insurance policy at an early age certainly leads to reduced health risks. 

Wide cover at affordable premium 

Young people are less susceptible to severe ailments. With this assumption insurance companies charge lower premiums for those in the 20-30 age bracket compared to the old. This lets you enjoy comprehensive health cover at an early age with minimum pay. Keep in mind the earlier you buy, the more you benefit from lower premiums. 

One-time investment  

The young at the inception of their career have limited savings at hand. That’s where a health insurance cover help tide over unforeseen medical expenses for availing treatments in the best hospitals. The savings that accrue can be useful to repay debts or fund important family events( a wedding or arrival of a new baby). Hence, a good medical insurance policy is a wise long-term investment to sail through rising medical costs and emergencies. 

Saviour in critical times 

Fighting a major illness demands the arrangement of more funds than you have at hand. The expenses of diagnosis, treatment and medication are impossible to cover on a fixed salary and not everyone is willing to lend. This is where health insurance comes to rescue to shed some of the burden off your shoulders and turns your true friend in need. After all, it’s best to be safe than sorry in matters pertaining to health. 

Pre-existing conditions 

When you buy a health insurance plan late, the chances of you suffering from pre-existing ailments (diabetes, hypertension, cataract, arthritis) are high. That’s why insurers place a waiting period for pre-existing conditions that can range from 90 days to 6 months. However, when you purchase health insurance policy at a younger age, such ailments can be immediately treated as there is no waiting period clause. Therefore, you gain a big advantage in this context with fewer rejections to your insurance claims. 

With these clear-cut benefits, I hope you have come to realize the significance of protecting your young family members with the best  insurance policies in the UAE.  For those living in Dubai or Abu Dhabi, instead of the minimum health insurance mandated by Health Authorities, you can upgrade your family health insurance to premium packages of silver and gold for wider facilities and network coverage.

It is always advisable to consult a reputed insurance broker in town to help you decide on the most favourable health insurance plans for each individual family member. Log into insurancepolicy.ae for more information.