Health Insurance - Health Insurance offers financial security against medical expenses, such as Hospitalisation, Suregeries, Medication and so many other expenses. Mediclaim also helps you to cover these costs without having to use your savings or take on any debt. Health Insurance is also important because Medical Expenses are growing at a CAGR of 18%.
Term Life Insurance - The Death benefits from a term insurance plan can be used to replace the income earned by the deceased policyholder, if alive and provide crucial financial support to the family.
