Such policies may also cover conditions like osteoporosis and maternity complications, which largely affect women. Free regular check-ups for early disease detection are usually incorporated in these policies.
Financial planning is for everyone. But financial planning for women is special, as it must address two specific time-tested statistics about women: Their higher morbidity and longer longevity. Women are more likely to face health issues than men — but they also live longer than men.
The insurance industry’s cancer coverage currently only applies to the major organs of the human body. Female organs — such as the breast and uterus— are not deemed major organs and are therefore not covered. This gives rise to a need for insurance policies that target female-dreaded diseases such as cancer of the breast or womb.
