Fixed deposits are best for both short and medium-term investments whereas life insurance plans are designed for long-term investments. You can invest for a period of as low as 7 days in fixed deposits unlike a life insurance plan wherein you need to invest for at least 10 years.
HEALTH PLANS
Expert says health is wealth if you are protected with health insurance. We advise the best health insurance plan in the market at an affordable price..
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Health insurance is a type of insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalization costs, the cost of medicines, or doctor consultation fees.
WHAT IS HEALTH INSURANCE? EXPLAIN THE POLICIES OF LIC REGARDING HEALTH.
A health insurance plan is a plan which provides financial assistance in case of a medical emergency. A health insurance plan covers specific medical treatments and costs. If the insured suffers a medical contingency and incurs the covered costs, the health insurance plan pays the benefit to cover the costs incurred
.F.A.Q
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IS LIC BETTER THAN FD?
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WHAT IS THE BEST MEDICLAIM POLICY OR HEALTH INSURANCE?
The major difference between the two is that mediclaim limits itself in particular to the hospitalization expenses. However, health insurance is far more complete. It offers a comprehensive cover that extends further than hospitalization expenses. Health insurance is a comprehensive insurance policy.