Unlike your investment plans, you don’t have to look for predictions or make alterations to your insurance covers in the New Year. Most fundamentals remain the same: you must have a life cover (preferably term cover) if you have financial dependents; you also must have a health cover for yourself and your family. Sure, there are many other covers you can add to your protection plan: accident cover, critical illness cover and so on. However, you may have to watch out for regulatory changes that could impact your decisions. Like the year 2011, even the New Year is likely to be eventful for insurance customers. The year promises to ring in many developments and record the impact of several regulatory changes in 2011. Here is a small list of what you can expect in 2012:
http://economictimes.indiatimes.com/personal-finance/insurance/analysis/changes-to-look-for-in-insurance-domain-in-2012/articleshow/11358538.cms
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