Tennessee Insurance Practice Exam

Which type of coverage is considered a short-term medical policy?

1. Major medical coverage

2. Interim coverage

3. Comprehensive coverage

4. Long-term coverage

The correct answer is: Interim coverage

Interim coverage is specifically designed to provide temporary insurance protection for individuals between longer-term health insurance plans or during transitional periods. This type of policy is characterized by its short duration, typically offering coverage for a few months to a year, making it suitable for those who may have gaps in their health insurance. In contrast, major medical coverage provides more extensive and long-term health protection for various medical expenses, while comprehensive coverage aims to cover a wide range of healthcare services over an extended period. Long-term coverage is generally structured for long-lasting needs, often appealing to those seeking ongoing medical care or insurance for chronic conditions. Thus, the distinction of interim coverage as a short-term medical policy lies in its purpose and duration, making it the appropriate choice in this context.