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Explained: Life insurance, income protection & critical illness

Making Money

CHAPTER

Navigating Health Insurance Truths

This chapter dives into the intricacies of health insurance, emphasizing the critical need for honesty in applications to ensure valid coverage. It highlights the repercussions of misrepresented health disclosures, particularly in relation to smoking and drinking habits, and discusses how age affects insurance premiums. The conversation also addresses the insurance needs of young adults, the rise in claims for mental health issues, and the complexities surrounding adequate coverage.

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