Life is uncertain. The whole idea of taking insurance is to protect oneself and one’s family from uncertainties and eventualities. A life insurance policy safeguards you against unexpected demise and a health policy includes medicinal expenditure in the event of an illness. The diseases not specified in the documents come under exclusion segment. One is likely to believe that life insurance and health insurance cover all the insurance requirements of an individual, however, this is not true. This IRDA approved plan takes care of events, such as demise and disabilities are a must.