What feature is typically NOT included in individual health insurance policies?

The feature that is typically not included in individual health insurance policies is automatic renewal. Individual health insurance policies usually have a defined term, and although they may have the option for renewal, it is not guaranteed that these policies will automatically renew each year. Insurers often reserve the right to change terms or premiums upon renewal, which means the coverage could be altered or not offered at all.

In contrast, lifetime maximum benefits are often included in individual health plans to limit the total amount the insurer will pay for covered services during the lifetime of the policyholder. Premium rates based on health status have historically been a factor in underwriting individual health insurance, although regulations may restrict this in certain contexts or due to new healthcare laws. Waiting periods for pre-existing conditions are also commonly included to manage risk, specifying that the insurer will not cover certain conditions until a set period has elapsed.