Question

Distinguish between health and life insurance?

Answer 1

Health insurance is for when u r ill and need money fr it u have to pay money of some amount evry month or year. Then when u get ill and need money they will give it to u.
But life insurance is money given to u after ur death.. so its not actually to u but for your family...

Answer 2

●Health insurance is insurance that covers the whole or a part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons.  ●Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person.