Question

Plz help meee different between life insurance and non life insurance in five points​

Answer 1

Life insurance provides a lump sum amount of sum assured at the time of maturity or in case of death of the policyholder. Non-life insurance policies offer financial protection to a person for health issues or losses due to damage to an asset.

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Answer 2

These are two major types of insurance policies offered in the country. Life insurance covers the life or death of the policyholder. On the other hand, non-life insurance covers health and property of the policyholder depending upon the policy.

plzz make points from this