Question

What are the two primary reasons for the importance of health insurance?

a.

Providing financial assistance for home repairs and travel expenses.

b.

Providing financial assistance for education and investments.

c.

Providing financial assistance to pay for medical facilities in case of any illness and preserving the savings of an individual.

d.

Providing financial assistance for luxury expenses and entertainment.

Posted under IC38 Life Insurance Agent Exam

Answer: (c).Providing financial assistance to pay for medical facilities in case of any illness and preserving the savings of an individual. Explanation:Health insurance is important primarily because it provides financial assistance to pay for medical facilities in case of any illness and helps preserve the savings of an individual.

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Q. What are the two primary reasons for the importance of health insurance?
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