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.

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 ?
We collected the annual operating returns of the 22 property-casualty insurance products reported by Best's Aggregates and Averages, and commercial loans reported by the Federal Reserve's Functional Cost Analysis, for each of the years from 1987 through 1996.
The chapter compares the long-term care insurance product to the individual disability income insurance product much as the text has compared the disability product to the life insurance product.
To develop uniform standards for insurance products covered under the compact;
(i) The person represents to a consumer that the sale, solicitation, advertisement, or offer of any insurance product or annuity is by or on behalf of the bank;
Funa believed that the amended guidelines would '(address) the emerging trend in the distribution of insurance products through alternative channels.'
Wayne Slavin, CEO, SURE, said, 'SURE's new rental car insurance product is launching just in time for the holiday travel season, which is high season for rental car usage.
* The report contains details of the rules and regulations governing insurance products and insurance entities.
* The report contains details of rules and regulations governing insurance products and insurance entities.
KARACHI -- Jubilee General Insurance (JGI) signed an agreement with Standard Chartered Bank Pakistan Limited (SCBPL) to provide General Insurance products to SCBPL clients across Pakistan.
For instance, given the high number of people in the UAE who enjoy driving outside the UAE, whether for work or holidays, Zurich's motor insurance product is available with roadside assistance anywhere within the GCC.
The guidelines state that a VIP shall be defined as a non-linked life insurance product that provides a death benefit equal to the guaranteed sum assured plus the balance in the policy account.
One of the key concerns related to insurance product sales, as voiced by senior executives of the Financial Industry Regulatory Authority, Washington, D.C., is failure to disclose the conflicts of interest arising from receipt of marketing fees.

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