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Related to fire insurance: Homeowners insurance


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]


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.


A contractual arrangement whereby one party agrees to indemnify the other against financial or other specified loss during a stated period in the future.


Coverage against financial loss procured by contract from a company that provides such protection.


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, 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.


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?


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 ( you can find an official governmental guide to choosing health insurance.

More discussions about insurance
References in periodicals archive ?
About Lutheran Mutual Fire Insurance Company Lutheran Mutual Fire Insurance Company was formed in 1873 by a group of German Lutherans in response to the devastation caused by the Great Chicago Fire.
We are happy that National Liability & Fire Insurance decided to grow in the building and take up one of its last blocks of space.
An industry insider said many domestic companies have renewed commercial fire insurance contracts in April to avoid higher premiums, with the domestic non-life insurance industry expected to register NT$10 billion in premium revenues for commercial fire insurance this year.
Nonlife insurers have carried out investigations into selected fire insurance policies and submitted reports on their findings to the FSA by Friday.
It begins with the first fire insurance company in North America, the Philadelphia Contribution-ship, which when formed in 1752 followed pre-modern underwriting practices, to Tebeau's amazement, (61) but entirely in keeping with business practices as a whole during the eighteenth century, even in Franklin's town.
Gildemeister joined the Fire Insurance Exchange Board in 2009 and has served as Vice Chair for the past three years.
In 1951, for financial and efficiency reasons, the three individual companies joined forces as Co-operative Fire Insurance Association of Vermont.
Seeing the high loss rate in fire insurance policies, the Financial Supervisory Commission (FSC) has asked the Non-Life Insurance Association of the ROC, Taiwan Insurance Institute and non-life insurance firms to map out a reasonable catastrophe development model for reference when underwriting non-life insurance policies.
Forest City Ratner Companies announced that the National Union Fire Insurance Company, a subsidiary of American International Group (AIG), has signed a lease for office space in 12 MetroTech Center in Downtown Brooklyn.
Japanese nonlife insurance companies will lower their fire insurance premiums in April for more fireproof condominiums for the first time in nine years, industry sources said Tuesday.
Mayer, attorney general, wrote, "The receiver of an insolvent fire insurance company is justified in using the unearned premium fund for purposes of reinsurance or of restoring to the policyholders upon cancellation of their outstanding policies.
The Marine & Fire Insurance Association of Japan said Thursday it has increased the number of firms that chair it in rotation to five from the current three.