insurance81.Fear of dying and Financial implications for dependents-
If this is the reason that you are looking to purchase your policy , please stick to it.Get a policy which only takes a premium to cover this risk.dying can be from natural reasons or can be by accident etc. Try to cover both reasons when you wanna insure yourself for this basic cause.

2.Fear of hospital/medical expenses from illness etc-
To get treatment done for several medical emergency they some times take your yearly income in few days.So most of the salaried middle class is making sure they have medical Insurance Policy.

One should go for health Insurance these days. Almost all health Insurance Policy companies offer cashless hospitalization these days which is a very useful component for salaried individuals in case of medical emergencies.

Health Insurance Policy is fundamentally a general life Insurance product but now Life Insurance Policy companies also offers some products which covers basic health covers.

3.Auto Insurance Policy-Most of us love our vehicles more than than ourselves so getting Insurance Policy for your prized possession comes naturally.Anyways its a law in this country which mandates a must to have auto Insurance in this country.One can have a complete comprehensive auto Insurance Policy vs to just theft and third part Insurance Policy.In this category also the private players are giving Cashless claim settlement features to get market shares.

4.Income tax led decisions-These days to save tax everyone suggests you to purchase Insurance. Let tax saving be incidental to choosing a cover, not the sole force behind it.