Here’s why health insurance is different from other insurance
An insurance cover is something we all need to have – to keep our homes, our assets and our future secure. Most of the times, we go in for all-comprehensive insurance policies – which act as protecting agents for our assets. But what about the policies which secure our lives, our health? Yes, you're right, I'm talking about health insurance. Why is it advisable and ideal to have separate health insurance? And what is it that sets apart health insurance from other types of insurances? Let's have a look: When it comes to other insurance policies for movable and immovable assets, the three main aspects that are considered are - Wealth, which is the property itself Probability of loss Quantification of this loss Now, for example, motor car insurance, in…