Arkansas Life and Health Insurance Practice Exam

J purchased a policy that includes a carryover provision, common accident, and family deductible. J owns what type of policy?

1. Basic Hospital Expense

2. Disability Income

3. Long-Term Care

4. Major Medical

The correct answer is: Basic Hospital Expense

J owns a Basic Hospital Expense policy. This type of policy typically includes features such as a carryover provision, common accident, and family deductible. A Basic Hospital Expense policy is designed to cover hospital room and board, and sometimes other miscellaneous hospital expenses such as x-rays and lab tests. Other options like Disability Income, Long-Term Care, and Major Medical do not typically include the specific features mentioned in the question, making them incorrect choices in this scenario.