What is the difference between life insurance and non-life insurance?

What is the difference between life insurance and non-life insurance?

Difference Between Life Insurance and Non-Life Insurance: 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. Sep 1, 2021

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