What does duplication in terms of insurance policies refer to?

Duplication in terms of insurance policies refers to having two policies that provide the same benefits, often leading to unnecessary overlaps in coverage. This situation can result in higher premiums without offering additional value, as the insured is essentially paying for the same protection from multiple sources. For instance, if someone has two health insurance policies that both cover hospitalization, they may not receive extra benefits despite paying for both policies.

In contrast, the other options address different aspects of insurance coverage. For example, some policies may offer additional benefits not typically included in standard plans, such as those which complement Medicare, but this is not referred to as duplication. Similarly, providing supplemental coverage for specific services, like prescription drugs, does not involve overlapping benefits but rather enhances the primary policy. Lastly, comparing policies to identify the most suitable option is a strategy for selecting coverage rather than a description of having duplicate policies.