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Which of the following would NOT be considered a limited coverage policy?

a) Accident insurance
b) Cancer insurance
c) Credit insurance
d) Major medical expense insurance

User Mbafford
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1 Answer

3 votes

Final answer:

Major medical expense insurance is not considered a limited coverage policy because, unlike accident insurance, cancer insurance, or credit insurance, it provides a broad range of healthcare services and extensive coverage.

Step-by-step explanation:

The question pertains to identifying which option is NOT a limited coverage policy among the provided insurance types. Limited coverage policies are specialized insurance policies designed to cover specific events or illnesses, such as accidents or cancer diagnoses, and not a broad range of healthcare services.

Options a) Accident insurance, b) Cancer insurance, and c) Credit insurance are indeed types of limited coverage policies since they provide benefits for very specific situations or illnesses. In contrast, d) Major medical expense insurance is a comprehensive healthcare policy that covers a wide range of medical services and is designed to protect individuals from substantial healthcare expenses. Therefore, d) Major medical expense insurance would NOT be considered a limited coverage policy.

User Niba
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