What aspect does a life insurance policy mainly focus on?

A life insurance policy primarily focuses on the financial impact of death on beneficiaries. The main purpose of life insurance is to provide monetary support to the insured's dependents or beneficiaries in the event of the policyholder's death. This financial protection helps alleviate the burden of lost income and covers various expenses such as mortgage payments, education costs, and daily living expenses that the beneficiaries may face.

While investing in stock is related to financial growth, it is not the purpose of life insurance. Coverage of property damage pertains to home or auto insurance, which protects against loss or damage to physical assets. Health care expenses are addressed through health insurance, which is separate from life insurance. Therefore, the focus of life insurance remains firmly on providing financial security to beneficiaries following the death of the insured.