Comment on How to protect yourself when a single event throws your life off course?

Hi Sachin,

There are two reasons to do it. One, it’s mandated by the regulator. Two, if they did not cover an individual once he/she falls sick, then the product loses all value. Why would anybody buy insurance if they can’t get benefits once they’re actually sick?

Insurance products simply wouldn’t sell. So yeah, they’ll have to come through on their promise once you buy the product.

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