General insurance What's the difference between health and life insurance?

[sincerem]

Health insurance covers all the medical expenses related to our treatment, whereas Life insurance financially safeguards our family in case of an untimely death. Life insurance can help our loved ones maintain their life goals even when we are not around. Health Insurance helps to ensure we can afford our medical bills and stay healthy. Both the Health Insurance and Life insurance are different elements of our financial portfolio, that covers different types of financial risks

Both the life insurance and health kind of insurance is indeed important in our lives, since they have crucial roles to play when it comes to our well-being and the life of our children and rest of the family members. That's why some unheralded circumstances doesn't affect some persons who took advantage to insure their lives, health and property via insurance. Because when any of the deficiencies in the aforementioned premium services of insurance occurs, they'll surely get coverage by the insurance company without them.spenfing a dime from their pockets to cater for the deficiencies.

 

[Deleted member 28127]

Health is to maintain a good hygiene of life while the insurance is something that surpases your capabilities or something you have not planned to become ill or unable to complete work like for example if you have hard injuries during working hours office it is hard to prevent this from beginning because something impredictable unlike for example if you are eating unhealthy foods and you have illness like some illness of diabete due to eating much delicious things so there is a difference between the two separate cases. For this people how are working must compulsory have health insurance to have salary after work accident.

 

[sincerem]

Health is to maintain a good hygiene of life while the insurance is something that surpases your capabilities or something you have not planned to become ill or unable to complete work like for example if you have hard injuries during working hours office it is hard to prevent this from beginning because something impredictable unlike for example if you are eating unhealthy foods and you have illness like some illness of diabete due to eating much delicious things so there is a difference between the two separate cases. For this people how are working must compulsory have health insurance to have salary after work accident.

Insurance is simply a means of long term investment, it can also serve as an alternative to pension. Most rich and stable individuals neglect such kind of opportunities offered by insurance, simply because they view it as a means of wasting money, but that's not the case with insurance. Insurance offers reward in the future and it has many options of premium to choose from, that we can benefit from. Health and life insurance long term premium plan is a better options too, that needs to be considered by anyone, both the salary earners and business owners. Even if you're self employed, you can still consider insurance for future benefits.

 

[Abigael]

The way I understand it, health insurance usually enjoyed by the insured person while still alive. It helps cover the costs of things that lead to health problems. It could be a pathogenic disease or injuries caused by several types of accidents. All in all, a health insurance policy helps to prevent someone from dying due to being unable to afford the costs of getting medical help on the health problems. On the other hand, a life insurance is used by the people of the insured person when he/she dies. It covers costs such as the funeral services, protection of the children left behind and the whole family's needs.

 

[Olandeep]

Life insurance is simply ensuring all your property as an individual another for your family members to inherit it when you are no more.