I am 23 years old & I have parents of age as following
Mom – 43 yrs
Dad – 60 yrs
I need health insurance for our family & I am not married yet.
My purpose for health insurance is to cover hospital expenses for my parents mostly with coverage of 2 lacs rupees.
I have no idea what I should opt in for.
I also want to know whatever premium I pay, is that wasted in case we haven not utilized it or we will get some of it back.
What will be more beneficial Life insurance or Health insurance