We know your family is everything to you, you want to see them happy and independent even when you are gone and also when you are around.
Term insurance is often argued by most to be an overly emotional person’s panic resolution. This is incorrect, if you can spare the annual premium amount and buy yourself some peace of mind that there will be someone to take care of your family even after you are gone, then why not? And the same holds true for a Health insurance.
If you are mindful of your family’s medical wellbeing and if you are aware that you are not superhuman and that diseases do not ask for permission; you will probably get a health insurance for you and your family, to keep those heaping medical bills at bay, by paying a very small cost for it.
Be smart and plan things before it’s too late. We are here to explain both of these policies to you, so that you can decide which one to opt for.
What is Health Insurance?
In our fast-paced lives, we grow, and we spend, the ever-growing standard of living means spending and bettering every day.
Most of our savings are limited to the first week of the month when our bank account shows our salary credit message. After paying the bills, what you are left with, is that enough for a rainy day? Sadly for most of us, the answer is no.
The most fearful part of this is those unforeseen, uninvited medical expenses. Tall hospitals and their taller invoices. Health insurance saves us from this scenario.
This type of insurance is your buddy when the insured or the people added in his/her health insurance gets sick, hospitalized or requires surgery or any kind of medical intervention, all your medical expenditures are reimbursed, and your life is then sorted.
What is Term Insurance?
Your family members are your world, you would do anything in your capacity to provide the best of the best to them. What happens to them after you are gone? Haunting but true.
You know you would not be there forever, but you can still take care of them… calming isn’t it? And the answer to your calm is Term insurance.
Your Term insurance will take care of your family’s financial needs even when you are not around. It is a life insurance plan that will give financial coverage to the beneficiary/nominee of the person insured.
