Category: Insurance

What Is Health Insurance? Health insurance is a financial agreement where an insurance company helps cover your medical expenses in exchange for a monthly or annual premium. It provides protection against high healthcare costs like hospital stays, surgeries, medicines, and regular checkups. In 2025, with rising healthcare costs and unpredictable health conditions, health insurance has…

💡 What Is Life Insurance? Life insurance is a contract between you and an insurance company where the insurer promises to pay a lump sum (called the “death benefit”) to your beneficiaries in case of your untimely death, in exchange for regular premium payments. It serves as financial protection for your loved ones when you’re…