Your organization provided Health Insurance is sufficient
No, your company provided group Health Insurance plan won’t get the job done in case you encounter a serious medical emergency. It’s old news that medical expenses have gone through the roof these days.
You just need Third Party Liability Insurance for your vehicle
Since the government mandates the purchase of TPT (Third Party Liability) while not having any such rule in place related to own harm insurance, many individuals try to save money by picking an TPT motor insurance plan.
Traditional Insurance plans will help you meet your long term goals
Traditional Plans (such as Endowment Policies, Money Back Policies or typical non-linked Child Plans) really don’t serve much of a purpose when it comes to planning for, or securing, your sacrosanct financial goals.
Source-
https://www.businessworld.in/article/5-Common-Insurance-Myths/07-03-2022-422133/