Final answer:
Coverage C, or medical payments coverage, usually lasts for about one to three years after a claim has been made. This timeframe allows medical expenses incurred due to the claim to be covered.
Step-by-step explanation:
In the context of commercial coverage policies, Coverage C, or medical payments coverage, is designed to cover medical expenses that arise as a result of a claim. Typically, this coverage will provide benefits for a certain time period after the incident.
Although the exact duration can vary by policy, it commonly lasts for about one to three years following the claim. This part of the insurance policy ensures that medical bills can be handled without imposing immediate financial stress on the policyholder or affected parties.
Medical payments coverage is one of the multiple types of insurance that people may have, each paying out under different circumstances such as receiving medical care, car accidents, dwelling damage, or burglary, and even after the policyholder dies. For example, health insurance covers medical expenses, while car insurance would cover vehicle-related damages.