insurance

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in·sur·ance

(in-shūr'ans),
Coverage against financial loss, such as from illness or injury, procured by contract from a company or agency that provides such protection.
[Fr., fr. enseurer, to make certain, fr. L. securus, safe, free from care]

insurance

Vox populi A contractual relationship when one party–an insurance company or underwriter, in consideration of a fixed sum–a premium, agrees to pay on behalf another–an insured, or policyholder for covered losses, up to the limits purchased, caused by designated contingencies listed in the policy. See Adoption insurance, Cancer insurance, Catastrophic health insurance, Co-insurance, Comprehensive major medical insurance, Disability insurance, Group insurance, Hospitalization insurance, Indemnity insurance, Major medical insurance, Medical expense insurance, Medicare supplement insurance, National health insurance, Nationalized health insurance, Noncancellable insurance, Personal insurance, Reinsurance, Self-insurance, Workers compensation insurance.

in·sur·ance

(in-shŭr'ăns)
A contractual arrangement whereby one party agrees to indemnify the other against financial or other specified loss during a stated period in the future.

in·sur·ance

(in-shŭr'ăns)
Coverage against financial loss procured by contract from a company that provides such protection.

insurance,

n a contract, or policy, whereby, for a stipulated consideration, or premium, one party (the insurer or underwriter) promises to compensate the other (the insured or assured) for loss on a specified subject (insurable interest) by specified perils or risks.
insurance benefits,
n the contractual payout agreed to by the carrier for the policy holder.
insurance carriers,
n.pl the organizations that for a contractual fee underwrite the payment of losses or costs incurred by the policy holder within the conditions of the policy.
insurance, group,
n the type that covers a group of persons, usually employees of a single employer or members of a union local, under one contract for the benefit of the members of the group.
insurance, guaranteed renewable,
n a policy that is renewable at the option of the insured until a stated time, such as the seventieth birthday of the insured. See also noncancellable insurance.
insurance, health,
n the type that provides financial return when the dental professional is unable to practice because of prolonged illness.
insurance, liability,
n insurance protecting the dental professional from financial loss resulting from liability suits.
insurance, life,
n a protective contract providing for compensation to the beneficiaries of the insured.
insurance, malpractice,
n in dentistry, insurance covering accidents or catastrophes that may occur during the performance of professional duties.
insurance, retirement,
n a life insurance that carries, as an additional benefit, payments to the insured when he or she reaches a specific age.

insurance

animals may be insured for loss of production, or for loss of life. Before insured animals are euthanatized or submitted to surgery or a course of medical treatment it is important that the insurer be consulted to ensure that the contract is not breached and that his or her equity in the asset is not put at unnecessary risk.

Patient discussion about insurance

Q. what is public health insurance

A. Public health insurance programs in the U.S. provide the primary source of health expenses coverage for most seniors and for low-income children and families who meet certain eligibility requirements. The primary public programs are Medicare, a federal social insurance program for seniors and certain disabled individuals and Medicaid, funded jointly by the federal government and states but administered at the state level, which covers certain very low income children and their families. In 2006, there were 47 million people in the United States (16% of the population) who were without health insurance for at least part of that year.

Q. I need help getting health insurance is it expensive?

A. I am currently looking for insurance too. Do have you applied for public health insurance?

Q. I AM WONDERING ABOUT GETTING HEALTH INSURANCE IS IT EXPENSIVE FOR A FAMILY?

A. Yes, it'll you cost you money, and not a negligible sum, but that's not necessarily means it'll be expensive - the alternative may eventually be much more expensive. We can never know what will happen tomorrow- if something will happen to you or your family (e.g. car accident, cancer or even relatively simple thing as appendicitis), the cost of the unavoidable medical treatment in this case will be much higher than the insurance premium.

Here (http://www.ahrq.gov/consumer/insuranceqa/) you can find an official governmental guide to choosing health insurance.

More discussions about insurance
References in periodicals archive ?
McGlone Marine Insurance is an independently owned and operated insurance agency specializing in recreational and commercial marine insurance, claims advocacy , risk management, safety training consulting and expert witness services in the Maritime Industry.
A senior ocean marine insurance and reinsurance executive, Miklus most recently was senior vice president at Guy Carpenter & Co.
About Fidelis Group Holdings, LLC: Headquartered in Louisiana, Fidelis Group Holdings, LLC, is a leading provider of primary and excess marine insurance for physical damage and liability (P&I) coverages for vessel owners, ship builders, terminal operators, fleet operators, stevedores, cargo handlers and inland marine, as well as coverage for marine contractors.
Underwriters and analysts have previously said the Concordia shipwreck would likely put the marine insurance industry into loss almost before the year has begun, increasing pressure on insurers to raise their prices.
Without engaging in any factual analysis concerning whether the policy was consistent with inland marine insurance as opposed to property insurance, the trial court summarily ruled that the policy is not an inland marine policy In a landmark decision filed on March 27, 2007, the Arizona Court of Appeals, Division One, overturned the trial court decision and ruled that the policy constitutes an inland marine policy.
Indeed, marine insurance is probably the oldest form of business indemnity.
5 in inland marine insurance in 1999, saw a substantial increase in cargo theft two years ago.
All marine insurance business formerly conducted by AIMA on behalf of the AIG Companies will now be serviced by AIG Global Marine, a division of the property and casualty insurance subsidiaries of AIG.
TOKYO, June 28 Kyodo - The Financial Services Agency approved Friday a planned merger between Yasuda Fire & Marine Insurance Co.
Standard & Poor's today assigned its double-'A'-plus insurer financial strength ratings to three wholly owned subsidiaries of Yasuda Fire & Marine Insurance Co.
produces ocean marine insurance for cargo, hull and marine liability risks, and covers multinationals, importers, exporters, manufacturers and logistics operators.
Nissan Fire said it decided to take the charges before it merges with Yasuda Fire & Marine Insurance Co.

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