Rise in healthcare risks and incidents of lifestyle diseases have made it practically impossible for most of us to be without health insurance to address the financial implications of hospitalisation. There is no way one can hold the premium that one pays towards a health insurance policy to be an avoidable expense. The fallacy that health insurance is expensive is busted the moment one experiences hospitalisation even for a few days resulting into a sizeable bill. In fact, for most people, even before taking up life insurance, one should take a health insurance policy.