Health Insurance Policy

What Is a Health Insurance Policy?

What Is a Health Insurance Policy? A health insurance policy is an agreement between insurance provider and policyholder whereby the insurance provider commits to pay a predetermined amount towards the medical expenses of the policyholder for treatment of predetermined illness or accident. The policyholder pays a premium to the insurance provider to get this medical […]
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Insurance expense or investment

Is Insurance: Expense or Investment?

Most of us think that buying an Insurance policy is an expense that gives no gains. But can this expense be an investment? Let us try explaining the objective of Insurance to make things easier to understand. Buying an Insurance policy does not primarily focus on generation of wealth but is still considered an investment […]
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