I work in a MNC in India and can save up to Rs.10000 per month. My parents and sister are dependent on me. I like to use this 'extra' money to buy insurance for any contingencies. So far,
- I have a term insurance of Rs.5 million, this is around 7-8 times my gross salary.
- A mediclaim insurance of worth Rs. 300000 each for me (provided by my employer) and my parents (I pay the yearly premium).
- I also have a Motor insurance for the two-wheeler.
What are the other types of insurances I will/might need in future?