Health insurance

Health insurance is the most important insurance plan!

It is basically a plan that will cover all your hospital related bills when you are hospitalized. That is why it is important to get a hospital plan that is relatively high in coverage as the bills are very hard to predict due to the rising cost of hospitalization.

Hospital plan can range from the most basic (which might cover only the hospital bills incurred when you are in the hospital) to the most comprehensive (which can cover even  pre and post hospitalization, outpatient treatments, dental, maternity benefit, etc)

Is this a plan that you should consider?

For single: Yes, it's a must.

For married couple: Yes, it's a must.

For family with children: Yes, it's a must.

For retiree: Yes, it's a must.

This is the plan that everyone should have. There is no reason not to have it.

Do you know that majority of personal bankruptcy are caused by high medical bills that they cannot afford when they are hospitalized?

Some of the plans that are available in the market:

1. Local hospitalization plan (which cover the country you lived in).

2. Worldwide hospitalization plan.

Tips: Aim for at least $500,000 yearly coverage for your health insurance.