1, different definitions: health insurance refers to the insurance that an insurance company pays insurance money for losses caused by health reasons through sickness insurance, medical insurance, disability income loss insurance and nursing insurance. Life insurance refers to life insurance with the life of the insured as the subject matter and the life and death of the insured as the payment condition.
2. Different coverage: life insurance pays insurance according to the death of the insured, while health insurance mainly pays economic losses caused by diseases and other health reasons.
3. Different payment methods: life insurance includes bonus, surrender premium and insurance premium, and health insurance is divided into compensation type, reimbursement type, fixed payment type and hospitalization subsidy type.
3. The duration of insurance is different: life insurance is divided into fixed-term and lifelong, health insurance is divided into short-term and long-term, and short-term is generally within one year.
1. Life insurance:
(1) Personal insurance, that is, life insurance, is a kind of insurance that takes people's life and death as the insurance object. It is insurance in which the insured survives or dies during the insurance liability period and the insurer pays the insurance money according to the contract. According to the business scope, life insurance includes whole life insurance, death insurance and old-age security. According to the guarantee period, life insurance can be divided into term life insurance and whole life insurance. The best-selling universal insurance is also a kind of whole life insurance.
(2) Classification of life insurance: According to the definition of the guaranteed population, life insurance can be divided into preferred life insurance and non-preferred life insurance.
2. Health insurance:
(1) Health insurance is the Chinese abbreviation of health insurance, which refers to the insurance that insurance companies pay insurance money for losses caused by health reasons through sickness insurance, medical insurance, disability income loss insurance and nursing insurance. Please refer to health insurance for details.
(2) Classification of health insurance types
Folding medical insurance: that is, medical expense insurance, which refers to insurance with agreed medical expenses as the payment condition, that is, insurance that provides medical expense protection. It is one of the main contents of health insurance, including not only the doctor's medical expenses and operation expenses, but also the expenses of hospitalization, nursing and hospital equipment.
Folding sickness insurance:
Refers to the insurance with illness as the payment condition, including general illness insurance and critical illness insurance. Usually, the insurance coverage of this policy is relatively large, and the payment method is generally to pay the insurance coverage in one lump sum immediately after the diagnosis of a special disease [1].
Folding income protection insurance:
It refers to insurance with the condition that income is interrupted or reduced due to accidental injury or illness. Specifically, it refers to a form of insurance in which the insurer pays the insurance money in installments within a certain period of time when the insured is disabled due to illness or accidental injury.
Folding care insurance: Long-term care insurance is a health insurance that provides compensation for the cost of nursing services for the insured who need long-term care due to old age, illness or disability. The insurance scope is divided into four levels: medical care, intermediate care, nursing care and home care, but the early long-term care insurance products did not include home care.