Most of the major types of health plans are sufficient to meet the protection needs of most individuals and families. But, insurance companies offer other options that provide limited protection against certain types of perils. Which one of the following is the example of those limited types of protections?

Question

Quizplus · Accepted Answer

Accident protection and home income policies are limited types of protections that provide coverage against specific perils. Accident protection provides coverage in the event of accidental injury, while home income policies provide coverage in the event of unexpected loss of income due to job loss or disability. Comprehensive medical insurance, on the other hand, is a more comprehensive type of protection that offers coverage for a range of medical expenses.

Most of the Major Types of Health Plans Are Sufficient