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Insurance for Working Women- How Important is It?

By Finserv MARKETS - Apr 26,2019
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Insurance for Working Women- How Important is It?

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In modern India, working women are slowly becoming the backbone of the family and soon they will be the backbone of the entire nation. There are a lot of things women are better at than men, however, taking care of own health isn’t one of them. Women, especially working ones get too caught up juggling their personal and professional lives and as a result, they end up neglecting their health.  In fact, increasing stress levels, long working hours and unhealthy eating habits among other factors, have exposed women to several major health problems. According to the latest IRDA Insurance Awareness Survey Report, very few women opt for health policy in India. On the contrary, the chances of women being hospitalized aren’t too different than men.  Moreover, the lack of Health Insurance puts immense financial pressure on women and their families when illnesses strike. Here are some important health insurance benefits for working women: –

Safeguarding Family Finances

When both the man and the woman in the family are working professionals, their financial contributions are equally important in managing the household. In case the woman falls ill, the family income gets affected and the entire family, including the kids, spouse and parents get affected. However, if working women opt for Health or Medical Insurance Plans, they never have to worry about their family finances getting affected due to medical costs.

Protect Your Personal Savings

In India, people often joke about how women are the so-called ‘finances ministers’ of the family with total control of the household budget. However, the fact is that women do play a major role in planning the household budget and are known to generate savings even at the time of financial strain. By taking up a Health Insurance plan, working women can not only save money for urgent needs but also plan for future financial goals. After all, money saved is money earned, and Health Plans can protect hard-earned savings from getting depleted due to medical expenses.

Healthy and Secure Old Age

No matter how healthy you eat or how much you exercise, old age eventually brings on health issues. Additionally, retirement from work and inflation leads to a shortage of income unless you have substantial savings. However, if a woman invests in the right Health Insurance plan, the treatment of health issues can be taken care of with ease. Even if the spouse passes away or the children are not able to provide financial support, a Health policy will ensure that a woman’s medical treatment is well taken care of.

Clearly, medical insurance is a blessing not just for working women but also for their entire family. On Finserv MARKETS, we offer Health plans customized to the needs of modern working women. So go ahead and buy Bajaj Allianz Health Insurance Plans available on Finserv MARKETS and ensure that you and your family get the best medical care possible when you need it.

“Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we works towards fulfilling all your personal and financial needs . What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.”


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Bajaj Finserv Direct Limited ("BFDL") is primarily engaged in distribution of financial products and services through its digital platform (“Bajaj Finserv MARKETS”) and inter alia renders services of customer acquisition, providing preliminary credit support activities, fulfilment services and post-acquisition customer services to Banks, NBFCs, HFCs. BFDL is also a registered Corporate Agent (Composite) under valid IRDAI registration number: CA0551 valid till 10-Apr-2024 for solicitation and servicing of Insurance Products. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522