Risks can impact us, our family and our assets. The risks can be in form health emergencies, accidents, loss of valuables, damages to assets. Here are five types of insurance cover that you should consider in the coming year:
Healthcare costs are increasing at a rate of 15-20% annually. The best way to deal with healthcare risks is being prepared financially. You should go for a threepronged approach. At the base will be a holistic health cover with a base cover that promises enough sum assured that can take care of the needs of you and your family. On top of this, there should be a top-up plan that gives you an even bigger sum assured cover at a fraction of the cost. You may also want to consider critical illness cover.
