health insurance vs life insurance?

thanks a lot 4 ya responses i m sure this will help me out for sure i m doin a project which is based on health insurance case study icici pru diabetes insurance

Answers:

1Insurance is a way to manage your risk against financial loss.

Health insurance will help you pay for medical expenses, surgery, hospital visits, prescription drugs, doctor visits, etc. In other words, medical expenses are very very high.

Life insurance will provide income to your family in case you die. In other words, it will protect your income when you die, but any savings attached to the plan will be kept by the insurance company. (So buy term insurance instead).

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