Choosing the right insurance can be a daunting task for most of us. It's not like buying a chair or a shirt or groceries. When you buy insurance, you're buying a promise. It's a promise that if something happens to you or your loved ones, insurance helps meet the costs.
However, there are many insurance products out there that come in a variety of forms and some plans are merged with other products to help you save money or grow your wealth. As such, it's easy for many to get confused or make a mistake when choosing an insurance plan. Here’s some common blunders to avoid.