Insurance products are usually categorized into two main categories, life insurance and non-life insurance. Many insurance companies either focus on life insurance or non-life insurance but rarely cover both. In many countries, there is also law that allow insurance companies two choose between life or non-life. Life insurance covers long-term financial security, often including health, accident, and death coverage. Non-life insurance includes auto, property, and more but doesn’t offer cash benefit if no claim is made.
Do you have life insurance as well as non-life insurance?
Do you have life insurance as well as non-life insurance?