Which type of insurance is most important for You?
The type of insurance that's most important for you depends on a number of factors. In some cases — if you're buying a car, for example — you may well not have a choice. Otherwise, the most important types of insurance you should consider include health, life, disability, auto and homeowner's insurance .
Why is health insurance important?
Health insurance is important because it can cover the costs of an unexpected accident, illness, or any routine medical care. And if more people decide to stay uninsured, the overall cost of health insurance will rise. For some, health insurance might seem like a luxury. Plans can be expensive and difficult to understand.
Is the most popular health insurance plan right for You?
Although the most popular health insurance plan might not be the best for everyone, sometimes it helps to know what is favorable among the masses. When it comes to individual health insurance, the majority of consumers choose health maintenance organization (HMO) plans.