Health insurance In order to guard yourself against high expenses due to an illness or injury you need a medical cover. Having a health insurance is very important. Your employer may offer numerous insurance plans for you to choose from. It is important to carefully consider your options before determining which plan to go with. The wider the cover, the higher it costs. But in case of a job change you will have to consider buying a new one in order to make sure there is no break in the cover during this phase. A personal accident and disability cover is inexpensive, but a critical part of your insurance portfolio. How much cover you want is entirely your decision. While the basic policy will cover death due to accident, you can enhance the scope of the policy to include permanent disability or even a temporary one.