I have a life insurance policy, do I still need a family health plan?

Life insurance policy and a health plan are two different types of insurance policies. A life insurance policy offers financial assistance in case of death or disability. In the case of a health insurance family plan, your insurance provider compensates for all the medical expenses incurred if the insured faces a health problem and requires immediate treatment and hospitalization. As such, it is extremely important to have health insurance, even if you already have a life insurance policy.