Getting yourself and your family insured for medical emergencies is the first step toward building your financial future. Life Insurance or life assurance is one of the best and safest ways to protect the family or dependents of the life insured against financial contingencies that may arise post their demise. Under a Life Insurance Contract in India, the insurer assures to pay a definite sum to the insured's family or beneficiaries on his/her demise during the life insurance policy.
Each insurance brand may offer one or more of these four common types of plans:
Health maintenance organizations (HMOs)
Preferred provider organizations (PPOs)
Exclusive provider organizations (EPOs)
Point-of-service (POS) plans
High-deductible health plans (HDHPs), which may be linked to health savings accounts (HSAs)
The different types of life insurance are:
Preferred provider organizations (PPOs)
Exclusive provider organizations (EPOs)
Point-of-service (POS) plans
High-deductible health plans (HDHPs), which may be linked to health savings accounts (HSAs)
The different types of life insurance are:
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Different types of Insurances and why it is important
Reviewed by Sachin Biju
on
August 28, 2019
Rating:
Reviewed by Sachin Biju
on
August 28, 2019
Rating:
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