Health Insurance in Retirement
Background
Health risks rise with age and medical inflation in India is high. Without proper health insurance, a single hospitalisation can severely damage or derail your retirement corpus.
Explanation
Retirees often combine a base health policy with a super top-up to get high coverage at a manageable premium. Buying adequate cover while still younger and healthier improves acceptance and terms. Even with insurance, you need an emergency fund for deductibles, exclusions and non-medical costs.
Example
A couple in their early 50s upgrades to a ₹10 lakh base policy plus a ₹40 lakh super top-up. A major surgery costing ₹12 lakh is mostly covered by insurance, so their retirement investments remain largely intact.
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