Which type of insurance would typically cover all students at a large university?

Get ready for the Rhode Island Life and Health Insurance Test with flashcards and multiple choice questions. Every question includes hints and detailed explanations to help you excel!

A blanket policy is designed to provide coverage for a group of individuals in specified circumstances, such as students at a university during a defined period or event. This type of insurance is beneficial for institutions that want to ensure all enrolled students have coverage, especially for health-related expenses incurred while participating in university activities, regardless of their individual situations or needs.

In contrast, an individual health policy would typically cover only one person, custom-tailored to their personal health needs and situations. A family policy extends coverage to family members but isn't adequate for a large cohort like a university student body. A group health policy, while covering a group, usually requires a set number of participants and often is associated with employment groups rather than academic institutions.

Therefore, the blanket policy is the most suitable choice for covering all students in a large university setting, addressing the need for comprehensive, collective insurance coverage for short-term or specific events that involve all students at once.

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