As medical costs continue to rise and unexpected illnesses or accidents can strike at any moment, having adequate health insurance has become a crucial aspect of protecting ourselves and our families. Yet, determining the right level of coverage can often feel complicated, leaving many unsure about what constitutes sufficient health insurance. Moreover, in wealth management and financial planning, a crucial aspect that often finds itself overlooked is Risk Management. While individuals diligently plan for their investments, savings, and retirement, the significance of mitigating risk with respect to health is sometimes underestimated. Additionally the impact of medical inflation needs to be taken into account while planning for risk.
