What is the difference between Life Insurance, Term Insurance and Health Insurance?


Jane Joness Jane Joness
Answered on June 21,2023

Life insurance provides financial security to your loved ones in the event of your death. Term insurance is a type of life insurance that offers coverage for a certain period of time and pays the death benefit to the policyholder's dependents in the event of the policyholder's untimely death. Health insurance, on the other hand, pays for medical expenses, ensuring that you receive good care without having to worry about the cost.

 

 


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