In insurance, who typically qualifies as a beneficiary?

In the context of insurance, a beneficiary is typically an individual who has been designated to receive benefits from an insurance policy. In the case of health insurance, the individual who is covered by the policy qualifies as a beneficiary because they are entitled to receive medical services or financial support in the event of health-related issues. This role is essential, as it directly connects the coverage provided by the insurance policy with the individual needing care.

Options that mention family members, third-party service providers, or healthcare companies do not fit the definition of a beneficiary in this context. A family member may benefit from the coverage indirectly but is not the one receiving the direct benefits; third-party service providers and healthcare companies are involved in delivering or administering services but are not designated recipients of policy benefits. Therefore, the individual covered by the health insurance policy stands out as the most appropriate choice for qualifying as a beneficiary.