Which is the best policies for Life Insurance and Health Insurance ?

Iam 27 years old and married.I have my father,mother and wife as my dependents and our kids in future.i want to get life insurance for me and Health Insurance for my whole family as they are fully depending upon me.

– I already have Jeevan Anand from LIC
Sum Assured : 5,00,000.00
Policy Term – 74 (Premium payment term – 17)
– i am ready to spent another 20-25 thousand as annual premium for Health and any other good policies.It will be better if its consider as a good investment also.

So please suggest me good policy from LIC and a Health Insurance policy available now.
Your advises will be highly appreciated.

which is better mediclaim or health insurance?

I strongly feel theres need to invest some money for sudden health problems. I have invested in stocks but suffering loss in market, getting better results in mutual funds. Looking for some other options where i can save my money for health emergency. Kindly guide me which is better mediclaim or health insurance in India?