scorecardresearchWhat is the difference between Term Insurance and Health Insurance?

What is the difference between Term Insurance and Health Insurance?

Updated: 13 Apr 2022, 05:22 PM IST
TL;DR.
Term insurance is a pure life protection plan and a product that every individual should have, whereas health insurance is an insurance policy that ensures you receive cashless treatment or expenditure reimbursement if you become ill. In the following post, we go through everything in greater depth.
Health insurance policies cover medical expenses whereas term insurance cover is available in the event of the policyholder’s death.

Health insurance policies cover medical expenses whereas term insurance cover is available in the event of the policyholder’s death.