Two type of Insurance

Term insurance is a life insurance product, which offers financial coverage to the policyholder for a specific time period. In case of death of the insured individual during the policy term, the death benefit is paid by the company to the beneficiary

Health insurance is a type of insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalisation costs, cost of medicines or doctor consultation fees.
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DISCLAIMER:
The content of this video is my own opinion and is for information purposes only. It is not intended as a substitute for professional financial advice. It is only intended to provide educational purposes.