Investments and Us
My friend an investment specialist bowing to my entreaties has become a guest blogger on my blog to give some special investment advice... Just the other day I was trying to help a friend with a serious medical condition he was diagnosed with. I was entrusted the job of finding a good but “decently priced” hospital for him. Just to get things cleared up, I asked his wife if he was medically insured. Being self employed, obviously, he had no company paid medical benefits to fall back upon. Fortunately, his wife knew that he had taken a medical insurance policy. When I asked how much medical insurance cover he had, she said he had a cover of Rs.2 lakhs. Seeing the look on my face, she thought maybe she was wrong and then corrected herself and said, “No, sorry, it’s 5 lakhs.” Clearly, she didn’t know how much it was. I asked her to show me the policy and she didn’t know where it was kept. With a figure between Rs.2 and 5 lakhs to work on, I was confused which hospital I should cho...