Days are gone when everyone in the family had just a few life insurance policies as their only insurance cover. But, things are changing as there are more uncertainties and one needs to protect oneself from various kind of risks.
What if you met with a medical emergency need? Will your life insurance policy cover that? No, in such case, you need to have health insurance to meet the exigencies during crises. Similarly, if the insured dies then in that case term insurance will rescue the family members from getting into financial woes with payment of a huge lump sum. Having an insurance policy for all these purposes can help you save from financial crunches during any kind of mishappening.
