Last week, we wrote about how most people start their financial journey by thinking about where and how to invest. The right place to start any personal financial journey is not Investing but Protection and by ensuring that existing assets and future incomes are protected against any untoward event.
While the previous article spoke about the importance of Life Insurance and the mistakes that people make while taking it, there is another important aspect of Protection that also needs to be adequately addressed right up front. And that is Health Insurance. Understandably, there are mistakes that people make on this front too, and in this article, we share 7 common ones that can derail your plans.
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Finwise is a personal finance solutions firm that helps both NRI and resident individuals and families invest for their financial needs, follow their passions and achieve financial independence.
