Must-haves for financial protection
No amount of financial planning can safeguard you, your loved ones and your finances unless it is packed with sufficient life, health and other types of risk covers. If there's one thing that the covid crisis must have taught you, it is the importance of such coverage. Of course there is no one-size-fits-all approach when it comes to insurance but there are 3 areas where protection is a must for all individuals and their families.
An insurance policy covers the policyholder against a financial loss caused due to specific contingencies. Though there are many types of insurance policies, it is important to know about some basic policies that one must have.
