Write about any five features/benefit of Health and Motor Insurance.

Expert Solution

An insurance happens to be an important part in our lives. The health insuane is the essential as it saves from the various health issues. A motor insurenace is also desirable as it prevents and motor hazards.

The features of health insurance:

1. It provides the reimbursement for a hospital expenses

2. Life cover can be provided upto certain age such as 10 years.

3. Pre hospitalization expenses up to certain age.

4. Post hospitalization expenses up to certain age.

5. Benefit in case of death of insured person.

The features of motor insurance:

1. It covers risk of stated damages in the policy.

2. It covers the risk of theft or other man made destructions.

3. It covers the accident risk.

4. Provides repair expenses

5. Damages cover done by other vehicles.

jeff jeffy answered 2 years ago

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