Financial Protection Tailored for Her: My Journey to Finding the Right Fit
As women, we often find ourselves balancing more roles than we can count daughters, mothers, caregivers, partners, professionals, decision-makers. And somewhere in the process of looking after everyone else, we tend to put our own financial well-being on the back burner.
Recently, I found myself reflecting on that very fact.
🔍 The Reality Check: Why Financial Protection for Women Can’t Be Generic Anymore
While more Indian women are stepping into the financial spotlight, the gap between awareness and action remains dangerously wide:
🔻 80% of Indian womenstill don’t have any form of individual health insurance.
🔻 Only 27% of working womenmake independent financial decisions.
🔻 Nearly 1 in 2 womenbelieve insurance is primarily a man’s responsibility.
🔻 65% of womendepend on their spouse or family for post-retirement support.
🔻 Critical illnesses like breast and cervical cancer remain leading causes of death, yet women remain significantly underinsured.
💬 These aren’t just numbers — they’re red flags. The reality is that most policies are one-size-fits-all, leaving women’s unique life stages, career breaks, and caregiving roles overlooked. If financial planning is a seatbelt in life’s unpredictable ride — most women are riding unbuckled.
The Trigger: A Wake-Up Call for Self-Security
I’ve always believed in proactive planning, especially when it comes to financial decisions. But when I began looking deeper into life and health coverage options tailored specifically for women, I realized something powerful: most plans in the market speak “generically” to everyone but “personally” to no one.
What I needed wasn’t just another policy. I was looking for a solution that understood the nuanced roles women play, and the very real challenges we face be it health concerns, financial independence, or securing our children’s future.
Discovering a Thoughtful Alternative
During my research, I came across a comprehensive life and health protection plan curated specifically for women. What stood out to me wasn’t just the coverage but the sensitivity behind the design. It considered factors that are often overlooked:
✅ Coverage for critical illnessesprevalent among women, like breast, cervical, and ovarian cancer.
✅ Child care benefitsthat provide a steady income stream for your child’s education and upbringing in case of unfortunate events.
✅ Health management serviceslike mental wellness consultations, pregnancy OPD wallets, and nutritionist sessions.
✅ Premium flexibilityoptions to pause or exit the plan later in life without losing its value.
✅ Premium waivers during critical illnesses or disability because life doesn’t pause, but sometimes income does.
I found this alignment between life’s unpredictability and financial support reassuring.
For Women, By Insight
As I went through the finer details, it struck me why aren’t more women aware of such solutions? Why is insurance still viewed as a checkbox, instead of a safety net woven with empathy?
Clearly, we’re no longer sitting on the sidelines. But are we also choosing the right tools for protection and growth?
A Personal Decision, A Broader Realization
I chose this plan for myself not because someone sold it to me, but because it fit my life’s blueprint. Later, I realized that sharing this might help someone else start their own journey.
This isn’t about endorsing a product. It’s about spreading awareness that there are financial tools out there crafted just for us. And sometimes, all it takes is a nudge to discover them.
Let’s Talk
I’d love to hear your thoughts:
🔹 Have you explored financial protection that truly reflects your needs?
🔹 What features would youwant to see in a woman-specific plan?
🔹 Are there misconceptions you’ve faced while researching insurance or investments?
Let’s start conversations that matter. After all, empowerment begins with awareness and action.
Sources
IRDAI & Economic Times, 2023, DSP Winvestor Pulse, 2022, India for Women Survey, 2021, HSBC Retirement Report, 2021, WHO & National Cancer Registry, 2022
