Why is health insurance important for managing medical debt?

• It helps in preventing financial issues

• It provides coverage for all medical expenses

• It guarantees a healthy lifestyle

• It is only for specific medical conditions

How can routine check-ups covered by health insurance help prevent serious conditions?

• By providing immediate treatment for existing conditions

• By detecting hidden medical issues early

• By increasing the cost of healthcare

• By limiting access to healthcare services

Why is it important to have health insurance?

• To avoid paying expensive medical bills out of pocket

• To have access to free healthcare services

• To increase the cost of medical treatments

• To limit the choice of healthcare providers

What do beneficiaries receive upon the policyholder's death with life insurance?

• Monthly payments

• Investment opportunities

• Lump sum of money

• Health benefits

What does permanent life insurance offer to policyholders?

• Limited coverage and few options

• Comprehensive coverage and various options

• No coverage and limited options

• Temporary coverage and limited options

What are the two main types of life insurance?

• Whole and Universal

• Term and Permanent

• Health and Auto

• Home and Renters

What are some types of disability coverage mentioned in the passage?

• Life insurance

• Health insurance

• Disability insurance

• Car insurance

What are two important factors to consider when choosing a disability plan?

• Monthly premium and coverage amount

• Monthly payout cap and waiting period

• Deductible and co-insurance

• Provider network and prescription coverage

What are some reasons for which disability insurance provides coverage?

• Arthritis

• Cancer

• Heart disease

• Asthma

What does dental insurance cover?

• Dental exams and treatment

• Vision exams and eyewear

• Car insurance

• Home insurance