There are several people who wonder why they need an individual insurance policy if they have one from their employer. The same people then often leave their jobs with the aim of starting a business and forget about health insurance. The policy provided by the employer is only valid as long as the individual continues working with the same employer. If he/she either shifts to another company, or leaves the job for other reasons, the insurance plan would lapse.
If when a person is working they set aside a small amount and buy an individual insurance plan, it would help them at a time when their group cover blows off. Most people try not to spend on health insurance premium when they are working with a company that provides them cover because they feel it is a waste of money to have two cover plans at the same time. The group policy that a person would have may not cover them for a number of medical troubles that they might face. In fact because the plan is given to a large group the chances of the cover amount being extensive is also low.
In all respects it is best to have an individual insurance plan while you are still working. To put it simply, as long as a person keeps working, the money spent can always be replenished. But when a person quits or is forced to leave a job due to certain circumstances, the money spent on premium would not be recovered. On the contrary, buying a plan after a person leaves their job means that the person has to spend money without earning, which becomes unfavorable. Apollo Munich provides a wide variety of choices for people to choose from. The company website is designed to assist individuals in buying the right individual insurance plan.