Think about what you need and value most in your life. Is it your health? Your home? Your family travel? A family heirloom? Research what it would cost to protect them with insurance. Remember that all insurance costs money and so you will need to include these costs, or premiums, in your monthly budget.
It's also important to factor in any terms and conditions associated with an insurance policy, for example, any excess that would need to be paid in the event of a claim, existing medical conditions that should be declared, as well as any other exclusions.
Comparing insurance policies from different providers isn't always straightforward. It's important to compare all the elements that make up an insurance policy, including: