Health Insurance Vs Life Insurance

There is so much to know about health insurance and life insurance. Let’s take a quick look at both of them, and hopefully, you can see why it is so important to invest in both types of policies.

What is health insurance?

Well, essentially, health insurance helps you stay healthy. It pays for various services received through doctor offices, and even if the total cost is not covered, at least a portion will be. It is of the utmost importance that you realize that not all services are covered. For example, if you are wanting to get a breast augmentation, your health insurance is not going to cover any of the accompanying costs. In fact, almost all types of cosmetic surgeries are not covered by health insurance. This type of insurance, however, will cover things such as being hospitalized due to an infection setting up after a breast augmentation surgery has been performed. The specifics of what are and what are not covered by health insurance can be found in your policy details; this is why it is so important to go over your policy with a qualified agent.

What is life insurance?

Life insurance is not paid out until after the policyholder becomes deceased, whereas health insurance is paid out while the policyholder is still alive. One of the most beneficial aspects of life insurance is that it provides you with peace of mind in knowing you are helping to take care of your beneficiaries after you have passed away. Sure, you may not be gaining anything financially, but you are protecting the future of your loved ones.

To learn more about health insurance and life insurance, please contact THINK Insurance & Financial Services serving the Pomona, CA area.