Which type of insurance covers medical expenses due to accidents or illness?

Health insurance is designed specifically to cover medical expenses stemming from accidents or illness. This type of insurance provides financial assistance for a variety of healthcare services, which can include hospital stays, surgeries, doctor visits, preventive care, prescription medications, and other associated medical costs. By having health insurance, individuals can receive necessary medical care without bearing the full financial burden, which can be prohibitively expensive.

Life insurance, as a different category, primarily provides financial benefits to beneficiaries upon the policyholder's death, rather than covering ongoing medical expenses. Property insurance focuses on protecting an individual's property, covering damage or loss due to events like theft, fire, or natural disasters, but does not address medical needs. Liability insurance protects against claims resulting from injuries or damage to others, but it does not extend to the policyholder's medical expenses for their own injuries or illnesses. Thus, health insurance is the only option that directly pertains to medical costs arising from health issues or accidents.