Health insurance is a contract between an individual or group and an insurance company that provides financial protection for medical expenses. It can help pay for a variety of medical costs, including:
Health insurance is a contract between an individual or group and an insurance company that provides financial protection for medical expenses. It can help pay for a variety of medical costs, including:
Life insurance is a contract between an insurance company and a policyholder, where the insurer pays a sum of money to the beneficiaries when the policyholder dies. In exchange, the policyholder pays premiums to the insurer while they are alive.