Forum Insurance

Which insurance do you think is better? Life insurance or health insurance
In my opinion Life insurance is lot more helpful and also good. Life insurance is beneficial in many ways. Life insurance pays a specified amount upon the event of the death of the person. And the whole life insurance is really good and gives a life time protection as far as the client pays to pay the premium. On the other hand health life insurance is a short term one. The health insurance however does not apply for a period of more than an year. What do you prefer and what are your ideas..

I feel both are importance medical insurance gives person when hospitalization and certain Domiciliary treatments i.e Medical claim
Also cover for death by accident alone i.e Personal Accident benefit

see there are number of insurance ,life or health insurance is not mandatory ,the mandatory field is the insurance . Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium. An insurer is a company selling the insurance. The insurance rate is a factor used to determine the amount, called the premium, to be charged for a certain amount of insurance coverage. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

[%sig%]

Post Edited (12-07-2008 12:49)