What should we buy first Life insurance or Health insurance ?

What should we buy first? Life insurance or Health insurance?

Many people ask me this question, and I also think " ANDA PEHLE OR MURGI PEHLE " but the last few years of our life have helped us to know about " what is life ", let's share a story, it's a real story, few of my clients also may know him, Subir da / 45 + one of our clients was in X bank as a manager, his work experience in the private bank was more than 20 years, he was affected by COVID & that was in the mid-2020, he was covered by his office health insurance ( employer-employee group Mediclaim ) total coverage was less than 10 lakh, he was in planning to buy a family group Mediclaim at 50 of his age. When he was in ICU, we (his wife & I ) realized his  ( employer-employee group Mediclaim ) is not adequate for his current medical expenses. In, this situation we are bound to redeem his investments which Subir da and I had planned for a long-term goals like (children's education, their foreign holiday, retirement plan, etc) , alsa all our effort cant return him from ICU, our misfortune, we lost him. 

This experience has made me realize the fact that due to a lack of realistic ideas and backup, he couldn't sustain the expenses.

After this storm, this family is still surviving but, I know HOW THEY ARE?

here I feel guilty about myself, I should have forced him to buy more health insurance coverage, but in real life, people may think I am keener on my business.

Most people don't know his / her financial value in their family, in financial terminology we called it HLV( Human Life Value ).

So please calculate your HLV it's available on our website https://www.investmentjunctions.com/ or call my team they will guide you to calculate, what is your value,  a single calculation can make your life comfortable & prosperous. through this calculation, you will realize if you need more health insurance or term insurance  & plan according to that.

Raja Bhattacharjee

 Email:  investment.junctions@gmail.com

 Phone: 09830146206

 Office : 09681518774   /  7449858289

 

website: https://www.investmentjunctions.com

This blog is purely for educational purposes and not to be treated as personal advice.