Which of the following represents the primary purpose of Medical/Loss of Income Insurance?

The primary purpose of Medical/Loss of Income Insurance is to provide financial assistance for medical expenses after an accident. This type of insurance is specifically designed to help policyholders pay for medical bills incurred due to injuries sustained in a vehicular incident. Additionally, it can help compensate for lost income if the insured is unable to work due to those injuries. This is crucial for ensuring that individuals receive the necessary medical care and support without the burden of overwhelming costs.

While other options suggest various forms of coverage, they do not encapsulate the main function of Medical/Loss of Income Insurance. Vehicle repairs, funeral expenses, and liability coverage are important aspects of automobile insurance, but they serve different purposes and do not focus on the immediate financial support needed for medical expenses following an accident.