Health insurance is a contract between an individual and an insurance company that covers medical expenses in exchange for a premium paid by the individual. It can help protect you from unexpected medical costs and provide access to quality healthcare.
Term insurance is a type of life insurance that provides financial protection for a set period. If the policyholder passes away during this time, the insurance company pays a death benefit to the beneficiary. Before buying term insurance, it's important to understand its key features and why it might be a good choice. The main goal of life insurance is to offer financial security to the policyholder's family.
