Which type of insurance specifically covers medical expenses?

Health insurance is specifically designed to cover medical expenses incurred by an individual. This type of insurance provides financial assistance for a variety of healthcare-related costs, including hospital stays, doctor visits, surgeries, preventive care, prescription medications, and other medical services. Its primary focus is on protecting individuals from the high costs associated with healthcare, ensuring that access to necessary medical treatment is not solely dependent on one's financial situation.

In contrast, life insurance is meant to provide a financial payout to beneficiaries upon the insured individual's death, which does not cover ongoing medical costs. Property insurance protects physical assets, such as homes or businesses, against risks like theft or damage. Auto insurance primarily covers vehicles and liability associated with their use, including damage to other vehicles and medical expenses related to auto accidents, but it is not a comprehensive solution for all medical expenses. Therefore, health insurance is the clear choice for covering medical expenses directly.