An insurance policy protects you against financial
losses. As such, the policy becomes necessary. If you have a car or a bike,
buying a motor insurance policy is mandatory as per law. Even in case of life
insurance, the security given by a life insurance policy is unparalleled which
makes the policy a must buy. When it comes to health insurance, one cannot
ignore the high medical costs which are associated with a health ailment.
Having a health insurance policy, therefore, makes sense to protect against the
financial implication of any medical emergency.