Secure Future with Fundamental Life and Health Coverage

Types of Life and Health Coverage

When it comes to life insurance, there are primarily two types: term life and whole life insurance. Term life insurance offers coverage for a specific period, typically ranging from 10 to 30 years, and is often more affordable. Whole life insurance, however, provides lifelong coverage and includes a savings component known as cash value, which grows over time. Health insurance is equally diverse, ranging from employer-sponsored plans to individual policies, and government programs like Medicare and Medicaid. Each type of coverage comes with its own set of benefits and costs, allowing you to choose according to your specific needs.