One of the first steps in financial planning is buying adequate health insurance cover. It is important to have medical insurance as it will help in times of medical emergencies. Many of us, however, do not give much thought to this since we think that our company provided health insurance will always be enough.
“Why spend the money on paying premiums for another health cover when I can spend or invest that money,” is the reasoning given. Now, this is not a financially prudent reason – ..