Here are Insurance Policies Many People Ignored Until It’s Too Late

3. Health Insurance

Another popular type of insurance is the health insurance. It is also called medical insurance in the offers of some insurance institutions. Generally, it is referred as a policy type which provides coverage on the payments incurred due to sickness and injury.

Often, a health insurance does not only include coverage for hospital confinement, regular check-ups, and surgery cases. It may also cover losses from an accident, disability, and accidental death and dismemberment.

Under most health insurance policies, the conditions and terms are specifically stated. Most huge companies mandate their employees to have a health insurance policies. The premiums are usually deducted straight from the employee’s monthly salary.