What is a major medical insurance policy?

A major medical insurance policy is designed to provide comprehensive health coverage that encompasses a wide variety of healthcare services, which is why choice B is the correct response. Such policies typically feature high coverage limits, making them suitable for addressing significant medical expenses that can arise from serious illnesses or injuries.

These policies often include essential benefits like hospital stays, surgeries, outpatient services, and prescription medications. By covering a broad range of services, major medical insurance ensures that individuals have access to necessary care, thus protecting them from substantial out-of-pocket costs associated with serious health conditions.

In contrast, the first option specifies coverage only for specific illnesses, which does not align with the comprehensive nature of major medical insurance. The third option refers to minimal coverage plans with high out-of-pocket costs, which is not representative of major medical policies that aim to provide extensive financial protection. Lastly, the fourth option emphasizes preventative care only, ignoring the essential aspect of coverage for serious health events, which are key features of major medical insurance.