This component updates health and it calculates if the player is dead, each time the player takes damage. You only need to set up the damage source such as Projectile, damage zone or item pickup, and make cast to this component or Character class to get target actor damage (or actor to heal). This component does the rest. Furthermore, it is ready for online replication. 

Includes a lot of demos, Players, Drones, 2 DemoMaps with their own mechanics:

1.   ThirpersonDemoMap.- Take the drones to the damage zone
2.    FirtPeronDemoMap .- Destroy all the drones

Three Actors Demos: Damage Zone, health pickup and projectile

All Ready online replication.