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Health insurance addresses health treatment demands provided that premiums are paid out. Advantages are paid out for qualified health-related fees according to the conditions set by the plan. No further Gains are compensated out at death.

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Life insurance can be a agreement in which you make standard payments — often called rates — to an insurance firm. In case you die while your coverage is active, the insurance organization pays a tax-free of charge sum of cash on your beneficiaries.

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