88.4k views
1 vote
Tina has a policy that only covers cancer-related medical expenses. What kind of policy does she have?

A. Term life insurance

B. Whole life insurance

C. Cancer insurance

D. Disability insurance

User Selan
by
6.9k points

1 Answer

6 votes

Final answer:

Tina has a Cancer insurance policy, which is a specialized form of health insurance that covers cancer-related medical expenses, unlike life or disability insurance which serve different purposes.

Step-by-step explanation:

If Tina has a policy that only covers cancer-related medical expenses, the kind of policy she has is referred to as Cancer insurance. Unlike other types of insurance policies such as Term life insurance or Whole life insurance, which provide a death benefit to beneficiaries, or Disability insurance, which provides income in the event of disability due to various causes, cancer insurance is a specialized form of health insurance designed solely to manage the risks associated with the diagnosis and treatment of cancer. Cancer insurance policies can be beneficial in covering cancer treatment costs such as chemotherapy, radiation, medications, and even non-medical costs directly related to cancer treatment, like transportation and child care. This type of insurance can be a standalone policy or an additional rider on an existing health insurance policy.

User Mathieson
by
8.8k points