Life and health insurance both protect people, but they do very different jobs. Understanding the difference helps you build the right combination.
Health insurance
Health insurance covers the cost of medical care β consultations, treatment, hospital stays and more. It protects you and your family from large, unexpected medical bills while you are alive and receiving care.
Life insurance
Life insurance pays a benefit to your beneficiaries when you pass away. Its job is to protect the people who depend on you financially.
Using both together
For most families, the two work hand in hand: health cover for day-to-day medical security, life cover for long-term family protection. A Moonstone advisor can help you size both to your needs and budget.
