Document Type : Research Article


1 Department of Commerce, Thiyagarajar College, Madurai- 625009

2 Department of Commerce With Corporate Secretaryship ,Mannar Thirumalai Naicker College, Pasumalai, Madurai- 625004


Insurance is the mechanism of risk sifting, a financial tool specially created to reduce
the finance, impact of unexpected events that happens in every life. Wealth is an
important factor of human resource development and good health is real wealth of
society, the health is the state of being free from illness or injury. World Health
Organization (WHO), defines it as a "State of complete physical, mental, and social
well-being, and not merely the absence of disease or infirmity". Health is a dynamic
condition resulting from a body's constant adjustment and adaptation in response to
stresses and changes in the environment for maintaining an inner equilibrium called
homeostasis. This paper mainly focuses on the single women, stay-at-home mothers,
married women, working women all of whom should have adequate insurance cover. It
is the need of the hour, as it helps to safeguard their health, save money, and create a
shield of protection. Women need more medical intervention than men because they
require reproductive care and they tend to fall ill more often.