Which of the following is NOT a type of life insurance?

Health insurance is the correct answer because it fundamentally serves a different purpose than life insurance. Life insurance policies, such as term life, whole life, and universal life, are specifically designed to provide a death benefit to the policyholder's beneficiaries upon the policyholder's death. These types of insurance focus on financial protection in the event of premature death, ensuring that dependents or other beneficiaries are financially secured.

In contrast, health insurance is intended to cover medical expenses incurred due to illness or injury, encompassing services like doctor visits, hospital stays, and prescription medications. While both life and health insurance are essential components of financial planning and risk management, they occupy distinct roles within the insurance landscape. Understanding the differences can aid in making informed decisions regarding personal finance and coverage options.