General insurance protects you and your assets from the financial risk of something going wrong.
It can’t stop something happening, but if something unexpected does happen that is covered by your policy it means you won’t have to pay the full cost of a loss.
Both, individual health insurance and group insurance aim at providing customers with the same goal which is financial cushion during medical emergencies. While both the plans offer the basic coverage, however, many are not aware of the nuances pertaining to group and health insurance.
Here’s a chart outlining the advantages of individual health insurance.