scorecardresearch5 reasons why your children need health insurance

5 reasons why your children need health insurance

Updated: 30 Oct 2022, 10:21 AM IST

In the world of uncertainty, insurance gives you a sense of financial ease for upcoming emergencies. Usually, Insurance is the conversation and product of adults, but children are equally exposed to the uncertainties. So here we will be discussing whether your children need insurance and what kind of insurance is suitable for them.

Health insurance

Health insurance

The objective of health insurance is protection against uncertain risks and to meet health emergency requirements. Then what's the point of insurance for children when parents are already protecting them against all such odds?

However, children's insurance might not make sense for all families but before jumping to a decision let's look at the reason why your children need health insurance.

Children are sensitive

Children in their growing years are fragile and sensitive, and their immune systems to fight disease are weaker than adults. They are more likely to get sick in so many situations, such as weather changes. Children are also exposed to various injuries as they are not mature enough to take care of themselves.

READ MORE: Health insurance: How to avoid out-of-pocket expenses?

Better medical attention

In any given situation parents want the best for their children and at the same time, children require special medical attention. Medical treatment of children is expensive as it needs better expertise, special attention, and different equipment and processes. Children don't only require medicines at the time of health issues, they also require attention, care, and gentleness, all this comes with a cost.

Expensive dental care

Dental issues with children are a universal known fact to everyone, there are also a few medical concerns with new children's teeth. They are prone to injuries that might result in dental conditions. While growing teeth there are many chances of dental issues which might require medical care, and dental care comes with expensive bills.

READ MORE: 5 reasons why health insurance companies rejects your claims

Secured future

Health is something one wants to compromise with, especially the health of children. Health is a concern even before wealth, and health insurance exactly insures and promises better care and health even with a lack of financial richness. Children can have a secure future if they don't have to worry about medical bills.

Financial stability

Health insurance costs you an annual premium from your pocket but assures undisturbed financials, investment and wealth. Health insurance keeps your finances in place while dealing with the medical bills of your children, you can keep your retirement plans the same and take care of your child's present at the same time.

READ MORE: Why is it vital to get a health insurance coverage for your elderly parents

Health insurance for children is a choice to be made by parents. It also has other tax-saving benefits. Health insurance can help your children have a secure future and keep your life stress free while ensuring better medical care for your children even if you face financial turmoil.

Anushka Trivedi is a freelance financial content writer. She can be reached at

Government Health Insurance Schemes in India
First Published: 30 Oct 2022, 10:21 AM IST