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• For critical illnesses, about 4 times your annual income is recommended.

• Insurance premiums should ideally not exceed 15% of your take-home pay.

Regularly review and update policies to match changing circumstances, health, and income levels.

Broader Perspective: The Importance of Financial Health Over Goals

While specific objectives are helpful, the more crucial aspect is cultivating overall financial health through consistent habits, sound systems, and strategic planning. Focusing on principles—like saving systematically, controlling debt, and protecting against risks—builds resilience over chasing target figures.