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Why Should Health And Life InsuranceLife Insurance and Health Insurance is required primarily for self-employed and informal workers who do not have health insurance from a company or government agency.An entrepreneur like me if ill or disabled because of an accident will have a lot of financial losses / financially because they have to bear the cost of treatment and can not work for a living. Others as if someone working in a company or a government employee, they usually get health insurance that will cover the cost if the hospital and paid fixed monthly salaries. (But not all companies provide decent health insurance lho)Before you decide what insurance products, from insurance companies which I highly recommend to compare different products, types of products from several insurance companies. Do not rush to buy insurance products without understanding the clarity of rights and obligations if we take an insurance product.Some tips from me to choose insurance products: That was a few tips from me so you do not regret one day if you buy an insurance product without really understanding the rights, obligations and comparisons with other products.One more suggestion I as a customer who had been deceived by an insurance product “Do not buy Life Insurance and Health Unit Link associated with investment”. Trust unit-linked products very expensive the cut, you better take health insurance and pure and invest money into Mutual Funds separately.
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