Life & health insurance Industry – Brief Overview

In the uncertain world that we are living, it is not possible to predict the things that will happen to us. Medical emergencies are now increasing drastically due to the change in food habits and lack of physical activities. For this reason, it is necessary to make arrangements for money whenever there is an emergency situation arises. With the help of Life & Health Insurance, any type of emergency situation can be dealt quite easily. There are many global players present in the field of Life & Health Insurance, where the most notable one among them is American International Group (AIG). They have tie up with a number of hospitals and medical centers that the person holding Life & Health Insurance from them need not pay any amount for the purpose of treatment, all the expenses will be paid by the insurance company. Also if unexpected death takes place at the time of insurance policy is active, a reasonable amount will be provided to the family of the person who has taken the policy. Also various companies from countries all over the world are having international tie ups and providing various health policies. Allianz Worldwide, AXA Group and MetLife are the prominent players in life insurance.