Bangalore: Your financial advisor might suggest you to have an additional health plan, along with the heath plan or the medical allowances paid by your employer. But you might question him that why you should buy an additional health plan, when you already have one covered by your employer? Why to waste money on the extra premium? But there are some reasons which will definitely benefit you in a long run.

The first and foremost advice what your financial expert will give is to buy an individual cover because it is more probable of one’s loosing the cover or going without a cover for sometime when one changes jobs. As Niraj Jain, CEO and Principal Officer at www.insurancemall.in says, “In case of a job change, such employee covers cease to exist. Hence, it is best to have at least a low value cover of Rs 1-2 lakh and top it up with a sizeable cover”.

The cover provided by the employer may prove to be insufficient at times in some cases. If all the matter of worry is the premium, then you should consider buying a top-up plan to you existing health cover.