Twin health covers need not ensure double protection

Many individuals these days do not hesitate to buy a separate health cover even if they have an employers' group health cover. This is a wise move because a standalone health cover may prove invaluable when one is between jobs or has lost the job. This is because the cover of group scheme stops the moment you leave your job. voluntary or otherwise. Needless to say, a medical emergency is the last thing you are prepared for -- both mentally and financially -- when you are without a job, and the spiralling healthcare costs can topple your entire financial plan.

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