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Buying health insurance at a young age helps you secure lower premiums and long-term financial protection.
Your first job is the best time to purchase health insurance because it ensures safety from unexpected medical expenses right from the start of your career.
Even in your early twenties, medical emergencies can happen, and health insurance ensures that you stay protected.
A private health insurance plan offers access to a wider hospital network, quality treatment, and the convenience of cashless hospitalisation.
Premiums paid for health insurance are eligible for tax deductions under Section 80D, which reduces your taxable income.
Through a no-claim bonus, your sum guaranteed rises if you don't file a claim within a year which provides you with suitable coverage in subsequent years.
When you buy health insurance in your twenties, you benefit from significantly lower annual premiums compared to starting later in life.
By preventing you from using your funds in the event of a medical emergency, health insurance improves your financial management.
Buying health insurance early in your career ensures financial security, better healthcare access and peace of mind for the future.