Health insurance in retirement is essential for financial independence. Medical costs rise with age, and a single hospitalisation can deplete a significant portion of your corpus. Planning for adequate coverage before and after early retirement is non-negotiable.

Key Considerations

• Cover amount — Aim for ₹10–25 lakh base; top-up or super top-up for higher protection.
• Family floater — Covers you and dependents under one policy; often more cost-effective.
• Pre-existing conditions — Declare honestly; waiting periods apply.
• Portability — You can switch insurers without losing continuity benefits.

For FIRE

Ensure you have a policy that continues into retirement. Employer coverage ends when you quit—arrange individual or family floater well before FIRE. Factor health insurance premiums into your withdrawal rate and FIRE number. Consider critical illness cover as a supplement.