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Life insurance has numbers of benefits, out of which one is giving financial support to family members after insured's death. Money from the insurance policy can also be used in other emergency situations like child's education, marriage etc. sometimes it also gives benefit of low premiums and tax.

Health insurance will take charge of all medical expenses of insured from hospital visit to medication. It also offers plenty of benefits apart from paying all medical expenses such as cashless hospitalization facility. But it is important to look for best health insurance so that you can enjoy all health benefits such as tax benefit.