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SalenaMd

Answer:

These are two major types of insurance policies offered in the country. Life insurance covers the life or death of the policyholder. On the other hand, non-life insurance covers health and property of the policyholder depending upon the policy.

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arjyodeep9roy

Answer:

Life insurance provides a lump sum amount of sum assured at the time of maturity or in case of death of the policyholder. Non-life insurance policies offer financial protection to a person for health issues or losses due to damage to an asset.

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