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Is it actually compulsory to get insurance coverage for newborn children? The reply to that is yes and no.
Am I totally insured?
Before you decide to get any insurance coverage for newborn children, ask yourself “Am I entirely insure. Actually, it’s important that the parents themselves are fully insured before they get their newborn insured.
Imagine, you just got a new house, and have a newborn child. And, both of them are working to support the family, but, they do not have any insurance coverage. So, you decided to get good insurance policies with the best support.
What occurs if you are not wholly insured?
One fine day, something unfortunate happens to you!
Type1: Unfortunately, you met with a fatal accident and passed away and you do not have any insurance coverage to cover for your death. Then, what is going to happen to your spouse and the newborn? And then, who is going to help to pay off the mortgage loan? How is your partner going to carry the newborn child?
Type 2: Unfortunately, you have got critical illness, and you are escape from death. However, you are permanently disabled. And, you need a full time nurse to take care of you while your partner goes to job. Who is available to pay for the nurse, the finance loan?

How is your partner going to hold up the newborn child?
So, be prepared to take the action now. That’s why; parents should always make sure that you are fully insured. And, be responsible, to your spouse and the child.
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