Health insurance is a crucial type of family insurance, providing coverage for medical expenses incurred due to illness or injury. It protects your family from the high costs of medical treatments and hospitalization, which can easily drain your savings. The two most common types of health insurance policies are:

1. Group Health Insurance: This type of insurance is provided by employers to their employees and their families. It covers medical expenses incurred by employees and their dependents, such as spouses and children. Group health insurance policies are usually cheaper than individual policies, and the employer pays a significant portion of the premium.

2. Individual Health Insurance: Individual health insurance policies are purchased by individuals or families directly from insurance providers. These policies can be customized to suit your specific needs and budget, and the premium depends on factors such as age, health status, and coverage limits.