Assuming that an young man is not having any liability ( parent / family related ) at start of career , I would suggest sufficient health insurance followed by max permisdible term ( once a family man ) & then a high CI policy in begining of 40.

Hey Pragnesh,

While I always advise people that one should never buy bundled insurance products, but if your choices are limited between the two you mentioned, I would keep health insurance as standalone and life + CI as the bundle.

Reasons-

Health-related requirements are more frequent vs life or critical illness events. So I would pick a good cover for myself with no strings attached because of this implication.

Why life + CI may still not be a great idea?

CI is mainly 8-12 illnesses which can be fatal and may break the bank. The CI add ons offered with LI will cover 1-5 CIs and even for the covered CIs in add-on, the severity may have limited coverage. CI is the most complicated and technical product and due to its low penetration, not much claim experience exists to predict and advise what limitations of current product may harm your interests in future.

Anyways, long story short, choose 2nd option.

Anuj Jindal

Co-founder

SureClaim