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Which of the following is a direct benefit of having health insurance?

easy Q2 of Q15
Insurance Awareness - Health Insurance
Which of the following is a direct benefit of having health insurance?
AProtection against financial burden during hospitalization
BGuaranteed pension after retirement
CCoverage for loss of business income
DCompensation for accidental death
Step-by-Step Solution
  1. Step 1: Identify direct benefits of health insurance

    Health insurance provides financial protection during medical emergencies such as hospitalization.
  2. Step 2: Evaluate options

    Protection against financial burden during hospitalization correctly states this benefit. "Guaranteed pension after retirement" and "Coverage for loss of business income" relate to pension and business insurance, while Compensation for accidental death relates to life or accident insurance.
  3. Final Answer:

    Protection against financial burden during hospitalization → Option A
  4. Quick Check:

    Protection = correct choice ✅
Quick Trick: Remember health insurance covers medical costs, not pensions or business losses.
Common Mistakes:
MISTAKES
  • Mixing health insurance benefits with life or business insurance benefits.
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