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2009.03.13 15:27:34
Imut-Imut
Insurance question - what to get first then next?

Hi,

If I need to start protecting myself but have a budget constraint, is there a recommended order for the purchase of insurance plans i.e. buy health cover first then buy hospital cover and the list goes on.

thanks



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Permalink
 MrSimple
2009.03.13 15:48:35

From a personal point of view, I suppose you could consider buying plans in the following order:

1. Accident
2. Hospitalization
3. Health
4. Life
5. Everything else.

My rational is to protect myself first from higher probability events first before acquiring insurance for other risk events.

 
 


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