Health is very important for all. It is important to lead a very healthy life rather a wealthy life. So we should take care of our health. In the modern world the science and technology has improved a lot. Everyday a new product is launched and some innovative findings are explored. Even then the medical expenses are very high which is very difficult for the poor people to afford. In the present situation it is very difficult to save money regularly for our medical expenses. Even the rich and famous and the celebrities are also struggling now. It is very difficult to manage t to he emergency situation. So there is a plan called insurance in which the money from the public will be pooled and the medical expenses can be met through this pooled money. The pooled money is nothing but the money collected from the members of the plan. This money will be collected from the members on every month and pooled. It is called the premium. The premium amount will be varied for each individual and will be varied for every plan they are in. There are several insurance plans are there. We can insure our assets as non health insurance. There are car insurance, vehicle insurance etc are also there. The celebrities are insuring their part of their body also. Even the buildings and the assets can be insured. If there is any damage due to the crowd in the casino games or in the Poker games if it is insured the Insurance company will compensate the cost of the repairs and damages. It is really a good thing to save money in small amounts to than spend a lot. Depends on the premium the cost of medicines and the lab diagnosis will be compensated by the company.