Florida Life and Health Insurance License Practice Test 2025 - Free Insurance Practice Questions and Study Guide

Question: 1 / 400

What is the main objective of health insurance?

To provide financial assistance for purchasing a home

To cover the costs of medical expenses for the insured

The main objective of health insurance is to cover the costs of medical expenses for the insured. Health insurance is designed specifically to protect individuals from the high costs associated with healthcare services, including doctor visits, hospital stays, surgeries, and prescription medications. By pooling resources and spreading the risk among a large group of insured individuals, health insurance enables policyholders to access necessary medical care without incurring overwhelming financial burdens.

This essential function of health insurance contributes to the overall aim of promoting better public health and ensuring that individuals receive timely medical treatment without the fear of exorbitant costs, thereby improving health outcomes in the community. Each of the other options relates to different financial products or services but does not align with the primary purpose of health insurance.

Get further explanation with Examzify DeepDiveBeta

To offer investment opportunities for policyholders

To guarantee retirement income

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy