Emergency Fund vs Insurance: What Comes First

Techolic04 Dec, 2025Business

This guide helps you understand whether an emergency fund or insurance should come first in your financial planning journey. It clearly explains the difference between the two, the right priority order, and how each protects you from different types of risks. With practical examples and simple reasoning, it shows why health insurance, term insurance, and a well-planned emergency fund together create a strong financial safety net for Indian families.