Medical insurance

Medical insurance is a contract that helps cover the cost of healthcare services, such as doctor visits, hospital stays, and medications. By paying a regular premium, you reduce your financial risk when medical expenses arise. The insurance plan may require you to pay a portion of the costs through deductibles, co-pays, or co-insurance. It also often has a network of preferred providers to help control expenses. Overall, medical insurance provides financial protection and access to necessary health care, giving peace of mind and support during health-related issues.