Health insurance in India is a sector that is just taking off. The people are still learning about the benefits and life insurance is well know in India. Which is more important and why?
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If you get sick, you need health insurance to pay your medical bills. By the same token, if you die, your family will need money for final expenses, to pay mortgage or rent, provide an income pay debts, etc. Here's a couple of questions: When are you going to get sick? More than likely you don't know, but, you need health insurance when you do get sick to pay your medical bills. Chances are, you'll be sick and need medical attention before you die. When are you going to die? You more than likely don't know, but, you need life insurance for when that time comes to pay those final expenses, debts, and if you have a family, to keep them in their own financial world that they are accustomed to now. We are not promised tomorrow. Now, I have provided some information, so you decide which is best.
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