Which of the following is an example of government insurance?

Medicare and federal crop insurance serve as prime examples of government insurance, as they are established and administered by government entities. Medicare is a federal health insurance program primarily for individuals aged 65 and older, as well as for certain younger individuals with disabilities. It represents a social safety net aimed at ensuring that those who are elderly or disabled have access to healthcare without facing financial hardship.

Federal crop insurance, on the other hand, is a government-sponsored program designed to protect farmers against losses due to crop failures caused by natural disasters or other specified events. This program assists in stabilizing the agricultural sector by offering financial security to farmers, ultimately ensuring a stable food supply.

In contrast, the other options listed—life insurance from private companies, homeowners insurance, and private auto liability insurance—are all types of insurance provided by private insurers, not by the government. These private insurance plans operate in a competitive marketplace and are tailored to individual consumer needs rather than mandated or provided by government agencies.