Hello Friends!

What type of insurance should a 40 year old single (no other dependants other than parents) go for please?

Medical expenses are so high these days that it will eat away all the hard earned money built over the years at one stroke.  It is too late to think about insurance now but better late than never.

What are the options? Any suggestions .  Also there is no other regular insurance cover as well.  Should I go for Term Insurance.. or not necessary as there are no dependents?

Thanks a ton!

Vikas