Life & Health Insurance Practice Exam

What is Comprehensive Major Medical insurance?

1. A plan that only covers accidents

2. A combination of Major Medical and Basic Medical coverage

3. A basic plan without any additional coverage options

4. A temporary insurance plan for emergencies

The correct answer is: A combination of Major Medical and Basic Medical coverage

Comprehensive Major Medical insurance is correctly defined as a combination of Major Medical and Basic Medical coverage. This type of insurance is designed to provide a broader range of healthcare services and benefits, including not just substantial coverage for major health issues, but also a variety of additional medical expenses that can arise from routine care and minor incidents. Major Medical coverage typically includes hospital stays, surgeries, and severe medical conditions, while Basic Medical coverage usually covers more fundamental medical services like doctor visits, preventive care, and minor procedures. By combining these two types of insurance, Comprehensive Major Medical insurance offers a more complete protection plan for individuals, ensuring that a wide range of healthcare needs are addressed under a single policy. Other options present limited or misrepresentative views of healthcare coverage. A plan that only covers accidents does not encompass the comprehensive nature that includes preventive and routine care. A basic plan without any additional coverage options would not provide the extensive support typically associated with major medical needs. Lastly, a temporary insurance plan for emergencies does not relate to the comprehensive, ongoing coverage that this type of insurance is designed to deliver. Therefore, the correct description highlights the integrated approach of Comprehensive Major Medical insurance by effectively covering both major and basic medical needs.