I will start working on this insurance company starting on 3rd of May. So here’s my take to familiarize myself with the insurance world.

Well, if you don’t have any insurance plan right now, the basic idea of which insurance to take:

1. If you are single, get the insurance that covers you more on the medical/hospital expenses
2. If you already have beneficiary (wife, children), get insurance with more on the permanent disability/death coverage

The question is, what if you get married, do you need to change your insurance plan? Unfortunately, I haven’t seen any insurance company that allows you to switch back and forth between plans. If you know one, please share it with us. Any thoughts ?