Health and Life Insurance

Answer: B - Even if an individual owns a health insurance policy, it is likely that there will be "gaps" in coverage and other expenses that are not covered. In order to help fill in some of these gaps with additional coverage, an individual may wish to purchase a supplemental insurance policy. These types of plans may help in covering expenses such as deductibles and coinsurance amounts. In addition, they may also cover a variety of other options such as cash benefits to pay bills during periods of lost income due to the inability to work.