41+ Explain The Difference Between Life Insurance And General Insurance Background. In a life insurance policy a life is insured whereas under general insurance the interests of the insured on the property is insured.(but with. Whole life insurance as the name suggests, a whole life insurance offers you coverage for your entire life.
Health insurance plan of life insurance companies works on the principle of compensation.
Life insurance pays a death benefit when the insured party dies. Avoid making the mistake of buying the wrong coverage.here's how. In a life insurance policy a life is insured whereas under general insurance the interests of the insured on the property is insured.(but with. It is an insurance that is not covered under life insurance.
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