Humans are one of the weak creatures of this earth. There are numerous occasions whish exhibit their weaknesses. Every human on earth wants to live healthily and prosperous life but not all of them achieve it.

Why Insurance?

Why people insure? Because it provides protection against any possible eventuality. Life offers no guarantees. By knowing this fact, people try insurance and renew it every year.

There is a proverb in English, Health is Wealth, which means no wealth can substitute with health.

Medical/Health Insurance:

In insurance sector, Medical/Health insurance is a separate entity. Health insurance is a type of insurance whereby the insurer pays the medical costs of the insured if the insured becomes sick due to covered causes, or due to accidents. The insurer may be a private organization or a government agency. Market-base health care systems such as that in the United States rely primarily on private health insurance.

Be cautious before you insure:

One should be read cautiously the terms and conditions of the Health Insurance Policy before he insures. Otherwise he may face a lot of trouble while claiming service from the insurance company.

In US and UK country region there are many private insurance companies to take individual insurance policies. The charges may different for different services and facilities.

Fewer take Individual Medical Insurance:

Fewer individuals take out medical insurance in US according to National News.

Private Medical Insurance fell last year by 4.5 percent. The 300,000 fall to 3,366,000 came in individual paid cover, according to the analysts Laing and Buisson that garner statistics from the main insurers.

Individual Medical Insurance is good for everyone if the terms and conditions suits for every individual and if the claim for insurer is simple and prudent.