Having a health insurance policy for self and family members marks the beginning of a prudent financial plan. Those who have a group health insurance coverage either through their employer or as a bank savings account holder, it is often suggested by financial planners to keep separate health insurance. This is because the group health insurance policy may not get renewed and the risk of being without any insurance exists.
In a statement to PTI, Jet Airways which has already halted its operations has announced that the company has not renewed its Group Mediclaim Policy and that it has expired on April 30, 2019. This leaves those employees stranded without any medical cover who relied only on the employer-provided coverage.