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  1. #1
    Jissywir is offline Newbie 510 points
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    What is health Insurance

    What is health insurance and what are its types. I also want to know or some extra informational article, what is difference between term and life time insurance.

  2. #21
    Beverly is offline Junior Member 510 points
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    Quote Originally Posted by Jissywir View Post
    What is health insurance and what are its types. I also want to know or some extra informational article, what is difference between term and life time insurance.
    Hi,

    There are two types of insurance, term insurance and life insurance, term insurance is a basic ones that covers accidental injuries or death, and life insurance is it covers all cash values or permanent insurance. These types of insurance combines death benefits, savings components or cash.
    lifeinsurancetype.com

  3. #22
    melissakidman is offline Newbie 510 points
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    A type of insurance coverage that pays for medical and surgical expenses that are incurred by the insured. Health insurance can either reimburse the insured for expenses incurred from illness or injury or pay the care provider directly. Health insurance is often included in employer benefit packages as a means of enticing quality employees.

    The cost of health insurance premiums is deductible to the payer, and benefits received are tax-free.
    mccormicksmedical.com.au

  4. #23
    alfiehurst is offline Junior Member 510 points
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    Thanks for explaining everyone! I'd like to reply as well: health insurance is a kind of insurance that helps people to cover different risks in their lives. It's a payment that provides benefits for those who were somehow injured or seriously sick. It's a necessary thing, especially if you have children or serious health problems. This kind of insurance includes losses from an accident, medical expenses, sudden death, etc.

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