1. Term Life Insurance
Term life insurance provides financial protection to your loved ones in case of unforeseen events. It’s affordable and ensures your family can maintain their lifestyle without financial stress. Choose a policy that covers 10-15 times your annual income for optimal security.
2. Health Insurance
Medical emergencies can be financially draining. A comprehensive health insurance plan covers hospitalization, surgeries, and critical illnesses. Look for plans with cashless hospital networks and coverage for pre-existing conditions.
3. Critical Illness Insurance
This policy provides a lump sum payment if diagnosed with a serious illness such as cancer, heart attack, or kidney failure. It helps cover medical bills and additional expenses, ensuring you don’t dip into savings during tough times.