Hi Argel1241.
I used to work in a health insurance company and I would say both life and health insurances are important. Traditionally, life insurance requires a very cheap premium every month or year depending on the mode payment. Most of them comes with a package of having accident insurance at the same time. Now, we do also have this health insurance but this comes in a package that includes not just hospitalization benefits, but also life, accident, disability and even return of investment after a certain period of time also known as maturity date. This is the modern day health insurance where you can benefit hospitalization during payment period and guaranteed return amount of money which is more that what you have paid.
This is a bit pricey but I must say it's all worth it.