What is difference between health insurance and life insurance?
As mentioned above, health insurance tend to your medical expenses while you are still alive while the life insurance helps your family financially in case of your untimely demise.
Which insurance is best life or health?
While Health Insurance covers the expenses incurred towards treatment, Life Insurance can help your family reduce their financial burden in case of your untimely demise. Why should you buy this? Financially safeguards your family in case of your untimely death.
Is life and health the same?
The difference between life insurance and health insurance\n\n To put it simply, health insurance protects you from financial problems caused by medical expenses you incur due to illness. Meanwhile, life insurance primarily provides your loved ones a lump sum of cash upon your death.
What is difference between health insurance and term insurance?
The term insurance is the life insurance that helps your family members in case of your unfortunate death. On the other hand, the health insurance assures financial compensation of your medical bills in case of critical illness and prolonged hospitalization.
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