California Life and Health Insurance Practice Exam

Health insurance is specifically designed to cover medical expenses incurred by individuals and families. It typically includes coverage for a variety of healthcare services such as doctor visits, hospital stays, preventive care, surgeries, and prescription medications. This type of insurance plays a crucial role in helping individuals manage the cost of healthcare, which can be substantial without coverage.

The other types of insurance serve different purposes. Life insurance provides financial support to beneficiaries in the event of the policyholder's death, rather than covering medical expenses directly. Disability insurance offers income replacement for individuals who are unable to work due to a disability, which doesn't focus on covering medical costs. Long-term care insurance is designed to cover services such as nursing home care or in-home assistance for individuals with chronic illnesses or disabilities lasting an extended period, but it is not the primary coverage for regular medical expenses. Thus, health insurance stands out as the appropriate option for covering medical expenses specifically.