1. Ans. 

Health insurance is a type of insurance coverage that typically pays for medical, surgical, prescription drug and sometimes dental expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly. It is often included in employer benefit packages as a means of enticing quality employees, with premiums partially covered by the employer but often also deducted from employee paychecks. The cost of health insurance premiums is deductible to the payer, and the benefits received are tax-free, with certain exceptions for S Corporation Employees.

2. Ans

Know the ingredients that cook up your life insurance premium which ultimately end up giving you a sweet or sour taste.

When you purchase a life insurance policy you have to go through a series of questions. The answers to these questions helps in determining how much risk you pose and how likely it is that the insurance company has to pay out in the form of a claim. Every insurance company has their own criteria for issuing the policy and if so at what price. This is the reason premiums of the same policy differs from person to person.