Protection-oriented benefits generally include which types of coverage?

The correct choice highlights that protection-oriented benefits are primarily focused on safeguarding employees against unforeseen events that could have serious financial consequences. Medical expense coverage and life insurance are quintessential examples of protection-oriented benefits.

Medical expense coverage helps employees manage healthcare costs, providing them with access to necessary medical services without facing overwhelming financial burden. It covers expenses such as hospital stays, surgeries, and preventive care, thereby ensuring employees can receive essential medical attention.

Life insurance serves as a financial safety net for an employee's beneficiaries in the event of the employee's death. This benefit provides peace of mind and financial security for dependents, helping them maintain their standard of living during a challenging time.

Both types of coverage are designed to protect the financial well-being of employees and their families, aligning perfectly with the definition of protection-oriented benefits. Options that include retirement plans or educational assistance focus more on savings and growth rather than immediate financial protection, which is why they do not fit the category as accurately.