
Here is the first money teaser:
Which is the most important insurance cover you require? Why?
In my earlier post -- Term Plans: The Most Amazing Fact about Life Insurance, I’ve pointed out the importance & significance of term insurance plans. However, there is an insurance cover which is even more important than pure-risk life insurance cover.
Now, I would like you to answer: Which is that insurance cover and why is it more important than a life cover? The best two or three answers will get a special mention on this blog. So, start airing your thoughts in the comment section by answering this question. Best of luck!
UPDATE (20 June 2009): There was only one answer to this money teaser which was incorrect. For correct answer, check out: 5 Common Myths about Life Insurance.
Also see:
1. Health / Mediclaim Insurance - 10 Practical Tips
2. Understanding Life Insurance - Ask Yourself a Few Questions
Dear Fisher
ReplyDeleteI believe a Health insurance cover is a must. Equally important is a Disability benefits cover (- a rider to life cover?).
Can't really explain well why these are important!. Also I am not so sure if they are more than a life cover, as well. I would put all these more or less at the same level.
Thanks
Joe
Joe,
ReplyDeleteYours was the only answer. Sorry, you could not make it. Anyhow, thanks for trying.