The difference between life insurance and health insurance

Health insurance is a kind of life insurance that takes the insured's body as the insurance object, so that the insured can get compensation for the expenses or losses caused by illness or accident. The rate of health insurance is closely related to the age and health status of the insured.

"Life insurance" is a kind of life insurance with the life span of the insured as the subject matter and the survival or death of the insured as the condition for paying insurance benefits.

The main difference between health insurance and life insurance lies in the content and function of protection. Health insurance guarantees health, and life insurance guarantees life and death. More specifically, the compensation for hospitalization and medical expenses when sick belongs to the category of health insurance, and its main purpose is to reimburse medical expenses and reduce the economic burden. When you reach a certain age or die during the insurance period, you can get the claim of insurance money, which belongs to the category of personal insurance. It mainly solves the problem of the insured's old-age care and the problem of food and clothing for the whole family after death, and has a wider range of benefits.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.