What is Health Insurance?

Health Insurance in the layman term is that product which covers medical expenses in the event of hospitalization. God forbid, if someone is hospitalized due to any disease, the insurance company on the behalf of policyholder will pay off all the medical bills. The policyholder needs not to pay anything from the pocket, except, if the medicals bills are beyond insured amount.

As an investor, everyone has a clear desire to attain sky-rocketed returns as quick as possible with minimum risk of losing money. An investor must understand that investment is not a casino, where you will hit the jackpot overnight.