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Take Care Of Yourself And Your Family Through Life And Health Insurance
by IAG Insurance Inc We are a full-service life and health insurance coIf you have a job and worried about your and your family's life, the first thing you will need for a secure living is life and health insurance. Our life and health insurance company is here to end your search for a trusted insurance company.
What Is Life Insurance?
Life Insurance is personal financial safety coverage for an uncertainty linked with human life, such as death, accident, disability. In unfortunate situations, it is a bond between the policyholder getting insured from the insurance company. Individuals need to pay a premium to receive financial benefits, which the beneficiary or nominee can receive.
Two Main Types Of Life Insurance
- Whole life insurance: It generally comes with fixed premium pay and offer sum assured to the beneficiary, and it is usually tax-free. This insurance is a less expensive and low risk than Universal life insurance.
- Universal life insurance: It generally comes with flexible premium pay, and it provides nominees with death benefits. Different from whole life insurance, it is expensive but gives higher returns, resulting in possible risks. There are a few varieties of Universal life insurance: interest-sensitive, variable universal life (VUL), undertake death benefit, and equity-indexed universal life policy.
- Life Insurance payouts are taxless.
- Life Insurance can cover final expenses.
- Life Insurance provides coverage for Chronic and Terminal Illnesses.
- Life Insurance provides a guaranteed death benefit.
- Life Insurance gives financial security and protection.
What Is Health Insurance?
Health Insurance is a bond between the person getting insured and the insurance company that provides the medical and surgical expenses of the insured individual. It compensates for any costs due to illness or injury or directly rewards the individual by paying a fixed premium.
Three Main Types Of Health Insurance
- Individual Health Insurance: It is a type of policy that is made for a single individual to gain safeguard from various illnesses, hospital expenses, accidents, or any other medical emergencies that can arise in an individual's lifetime. It also provides additional benefits like OPD expenses, critical illness, maternity benefits, etc
- Family Floater Health Insurance: It is a policy perfect for complete family protection under one single premium. The only insurance to protect all the family members from any illnesses, accidents, hospital expenses, and any medical needs that may arise
- Senior Citizen Health Insurance: It is a health insurance policy for senior citizens above the age of 60. The insurance policy is designed so that different physical and psychological needs of the people in that age group are fulfilled and provides benefits such as Domiciliary Care, Organ Donations expenses, and Critical Illnesses, among others.
5
Reasons To Get A Health Insurance
- Health Insurance provides prescription Drug coverage (PDP).
- Health Insurance covers you from Critical Illness.
- Health Insurance gives Medical Insurance Benefit.
- Health Insurance gives you medicare supplement insurance.
- Health Insurance provides Accidental Hospitalisation benefits.
If you are someone who is interested in getting a tension-free life but you have roamed around in many health insurance companies in NYC and still did not get the insurance suitable for you, we are here to gain your trust. Take a step with us towards safe living.
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should you do a life and health insurance policy?
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About IAG Insurance Inc 
We are a full-service life and health insurance co
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Created on Feb 9th 2022 01:46. Viewed 229 times.
