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Your coverage needs should evolve based on life stages and personal circumstances—including getting married, having children, purchasing property, or other significant life events. Regular reviews are crucial to adjust your protection as your life changes.
Additional Insurance Options
Other valuable options include:
Personal Accident Plans: Cover injuries from accidents.
Critical Illness Riders: Add-on coverage for specific illnesses.
Specialized Coverage: For conditions such as diabetes or dementia, which are increasingly included in modern insurance plans.
While options are abundant, experts advise against over-insuring. The goal is to buy what fits your current lifestyle and dependents' needs.