Why should men have all the security

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Why should men have all the security?
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• We still follow the stereotypical mentality of
  male being the prominent breadwinner of the
  family. Over the ages, traditionally, women have
  been homemakers in India. The scenario has
  changed drastically in recent times. The Indian
  woman's transition from home maker to breadwinner
  has been phenomenal. Moreover, they have taken a
  march over their male counterparts by taking up
  multidimensional roles in the form of a
  professional, home-maker, mother and financial
  planner. While Indian woman are on a role model
  with many of them fighting neck-to-neck for their
  identity and development attaining various
  important position in business, social and
  political sector etc. many are still lagbehind
  due to lack of education or peer family pressure.
  The prime concern here is whether irrelevant of
  woman being a housewife or professional are we
  not concern about womens financial security?

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• Therefore, insurance companies have come up with
  customized life insurance policies for women,
  whether they are working, working from or at home
  or are housewives. With this in mind, the article
  offers some insights on women's life insurance.
• In the early years, when insurance industry came
  into existence, the trend was to insure only male
  lives. The logic was that the female of the
  species was home-bound anyway, was not exposed to
  any risk, and therefore did not need any sort of
  insurance. Since the bread winner was the male it
  was assumed that against his loss income will
  generate the need of insurance coverage.
  Secondly, since many female lives are at risk due
  to the inevitable part of the childbirth process
  it only added to their sorrows and endanger of
  the beautiful species.

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• But now things have changed. The tussle of a
  woman with men at the workplace along with better
  education for the female child, increased
  economic contribution by women, better medical
  facilities for safer childbirth and post-natal
  care have all contributed to more and more
  insurance products that are women-specific.
• When it comes to buying life insurance for women,
  they are broadly classified in three categories
  Working women, Women with income by way of
  interest, dividend, rent, etc., that are taxable
  and housewives or homemakers who do not have an
  income. The first two categories are just like
  male counterparts. They are treated just like
  professionals buying insurance service to protect
  and give financial security to themselves and
  their family. A housewife, on the other hand, has
  her insurability tied to adequate life insurance
  cover for her husband as well as his income. For
  instance, a housewifes life insurance cover
  cannot exceed her husbands. Apart from this all
  basic covers such as life, personal accident,
  mediclaim, critical illness etc. form a part of
  womens life insurance policies too.
• In women insurance policies childbirth comes into
  aspect. These include
• Cover for certain female critical illnesses
• Occurrence of certain congenital disabilities in
  new-borns

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• Cradle care - covers the newly born child's
  defects, deformity, malformation, congenital
  abnormality of any kind at time of delivery
• Some of the exclusions would be
• Post delivery complications
• Still-born child
• Death of the mother during childbirth
• Miscarriage, infanticide
• Any defect that is not congenital
• Malfunctioning of any organ
• Any defect, which manifests itself after 200
  days of the delivery
• Most of these life insurance policies are
  benefit-only policies i.e., they come to effect
  on the specified event happening. Another
  important point is that most pre-natal and
  birth-related policies have to be taken not later
  than the 20th week of pregnancy. Woman carries
  the future of the race, literally. They can never
  be thanked enough for the commitment, pain, and
  dedication they show in life. Just like ancient
  age goddess, in todays modern era one woman has
  many avatars as home-maker, mother, wife,
  professional, financial planner etc. Surely a
  service to the women will be introducing such
  life insurance policies to help a fair bit in
  reducing the monetary impact of the loss of the
  woman at every home, society and in the nation.

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