Personal Finance 6 myths about health insurance that you shouldn't believe Updated : August 29, 2020 05:34 PM IST While it is essential for every individual to have a health insurance policy, one should first understand and separate the myths from the facts before making a decision. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.