What is a limitation of hospital-surgical insurance plans?

Hospital-surgical insurance plans often include a limitation on the coverage amount, meaning they specify a maximum dollar limit that the insurance will pay for various surgical procedures or hospital stays. This type of limitation is inherent in many insurance policies to control costs and manage risk for the insurer. As a result, if the costs of surgery or hospital services exceed this predefined limit, the insured individual will be responsible for any additional expenses incurred beyond the coverage provided.

Understanding this aspect of coverage is crucial for individuals considering hospital-surgical insurance, as it affects their financial liability during significant medical events. The other options indicate features of insurance that may not generally apply to hospital-surgical plans: they rarely provide lifetime coverage, they typically require premium payments, and they often cover a range of surgeries beyond just major ones. Thus, the correct answer reflects a critical limitation that affects policyholders' potential out-of-pocket expenses.