What do beneficiaries typically receive from an insurance policy?

Beneficiaries typically receive cash benefits from an insurance policy as part of the policy's payout upon the occurrence of a covered event, such as the death of the insured in the case of life insurance or when a claim is made for covered medical expenses in health insurance. This cash benefit can help beneficiaries manage financial burdens and cover expenses that may arise due to the loss of income or medical costs.

The other options do not accurately reflect what beneficiaries receive from an insurance policy. Medical care is generally provided directly by healthcare providers, not as a payment to the beneficiaries. Policy costs refer to the premiums paid to maintain the policy, which is not a benefit received by beneficiaries. Consultation services might be offered by insurance companies as part of wellness programs, but these are not direct financial benefits that beneficiaries receive under the terms of an insurance policy. Cash benefits are a direct financial payout and serve to provide financial support during times of need.