LIFE INSURANCE &

HEALTH INSURANCE
 GROUP F11

GROUP MEMBERS

01. DEEPAK HANDE - 221014

02. SONALI MORE - 221032

03. KHATIJA MUKADAM - 221033

04. PRIYANKA GAIKWAD - 221044

05. SUSHANT GAWADE - 221055

06. ASHISH CHAVAN - 221084

 OVERVIEW
1. INSURANCE

2. TYPES OF INSURANCE

3. IMPORTANCE OF LIFE & HEALTH INSURANCE

4. TYPES OF LIFE & HEALTH INSURANCE

5. NEEDS & IMPACTS OF LIFE & HEALTH INSURANCE

6. TAX ASPECTS

7. ADVANTAGES & DISADVANTAGES

8. LIST OF COMPANIS

9. CONCLUSION
 INSURANCE
INSURANCE IS A MEANS OF PROTECTION FROM FINANCIAL
LOSS IN WHICH, IN EXCHANGE FOR A FEE, A PARTY AGREES
TO COMPENSATE ANOTHER PARTY IN THE EVENT OF A
CERTAIN LOSS, DAMAGE, OR INJURY. IT IS A FORM OF RISK
MANAGEMENT, PRIMARILY USED TO HEDGE AGAINST THE
RISK OF A CONTINGENT OR UNCERTAIN LOSS.
TWO TYPES OF INSURANCE
IMPORTANCE
LIFE INSURANCE

FINANCIAL SECURITY FOR DEPENDENTS

DEBT AND EXPENSE COVERAGE

ESTATE PLANNING

BUSINESS CONTINUITY
 HEALTH INSURANCE

COMPREHENSIVE MEDICAL AND COVERAGE

PREVENTIVE CARE AND WELLNESS

EMERGENCY AND CRITICAL ILLNESS SUPPORT

FINANCIAL STABILITY AND RISK MITIGATION

TYPES OF LIFE INSURANCE PLAN
TYPES OF HEATH INSURANCE PLAN
 NEED & IMPACT OF LIFE INSURANCE

NEEDS IMPACTS

1. FINANCIAL PROTECTION 1. PROVIDES FINANCIAL SECURITY

2. SUPPORT FOR DEPENDENTS 2. DEBT SETTLEMENT
3. SAVINGS & WEALTH 3. PROMOTES LONG TIME SAVING
ACCUMULATION
4. TAX BENEFITS
 NEEDS & IMPACT OF HEALTH INSURANCE

NEEDS IMPACTS

1. PROTECTION AGAINST RISING HEALTH CARE COST 1. REDUCES FINANCIAL STRESS

2. ACCESS TO QUALITY HEALTH CARE 2. ENCOURAGE PREVENTIVE CARE

3. FINANCIAL SECURITY IN CASE OF ILLNESS OR 3. PROTECTS YOUR SAVINGS

ACCIDENT
 TAX ASPECTS

LIFE INSURANCE HEALTH INSURANCE

1. SECTION 80C 1. SECTION 80D

2. DEDUCTION LIMIT 2. DEDUCTION LIMIT
3. MATURITY 3. MEDICAL EXPENSES
PROCEEDS 4. CLAIM AMOUNT
4. DEATH BENEFIT
 ADVANTAGES AND DISADVANTAGES OF LIFE INSURANCE

ADVANTAGES DISADVANTAGES

PROTECTION FOR LIFE HIGHER COSTS

FIXED PREMIUM MORE COMPLEXITY

TAX ADVANTAGE LOW INTEREST RATE

GUARANTEED DEATH CERTIFICATE HIGH FEES AND COMMISSION

ADVANTAGES AND DISADVANTAGES OF HEALTH INSURANCE

ADVANTAGES DISADVANTAGES

PROTECTION AGAINST HIGH UNEXPECTED LIMITED COVERAGE

LOSS SYSTEM LEAKAGE

QUALITY TREATMENT AT AN AFFORDABLE MORAL HAZARD AND ADVERSE
COSTS
SOLUTIONS
CASH LESS SERVICES
LACK OF UNIVERSAL SCHEME
TAX BENEFITS
LIST OF COMPANIES
 CONCLUSION

LIFE INSURANCE AND HEALTH INSURANCE PLAY PIVOTAL ROLES IN SAFEGUARDING OUR WELL-BEING AND
FINANCIAL STABILITY. TODAY, WE DELVED INTO THE ESSENTIAL ASPECTS OF BOTH, UNDERSTANDING HOW LIFE
INSURANCE PROVIDES A SAFETY NET FOR OUR LOVED ONES IN TIMES OF CRISIS, WHILE HEALTH INSURANCE
ENSURES ACCESS TO QUALITY HEALTHCARE WITHOUT THE BURDEN OF EXORBITANT COSTS.

REMEMBER, INSURANCE ISN'T JUST A POLICY; IT'S A COMMITMENT TO SECURING YOUR FUTURE
AND THE FUTURE OF THOSE YOU CARE ABOUT. WHETHER YOU'RE PLANNING FOR YOUR FAMILY'S
FINANCIAL SECURITY OR SAFEGUARDING YOUR HEALTH, THE CHOICES YOU MAKE TODAY CAN
HAVE A LASTING IMPACT.
GET INSURED

THANK YOU