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Street Smart Finance
Insurance and Protection
Importance of Health Insurance
Your employer may offer group insurance, but having your own Mediclaim policy ensures long-term protection. It covers hospital expenses and emergencies.

Choosing Life Insurance
Term insurance offers high coverage at a low premium and is ideal for protection. Other life policies like endowment plans mix insurance and savings but give lower returns.
Insurance Is Not Investment
Don’t confuse insurance with investing. Insurance is for protection, while wealth creation should be done through mutual funds, FDs, and other financial tools.

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