Tuesday, May 22, 2007

How Protected Are You? II

I thought I probably have covered all my bases in buying insurance:
Life insurance – checked
Critical illness – checked
Savings insurance – checked
Accident insurance – checked
But not being the professional, it turned out that I overlooked some minor aspects. Basically, think of all the different ways we can die and whether we are covered:
From accident – yes
From critical illness – yes
From non-critical illness – ? hmmm.. what if the death was not due to the normal cancers etc that were defined as ‘critical illness’ in the policy? For instance, dengue fever…
Went to check on my critical illness term policy. Thank goodness it covers death due to all causes as well.

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