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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 ?
The fifth insuring agreement in EC 00 10 offers to pay for the costs of hiring an entity to determine the validity and severity of an extortion threat, plus reward money paid to an informant that leads to the arrest and conviction of the extortionist.
The next part of the liability insuring agreement is the limit of insurance section.
The Coverage A insuring agreement does not contain the statement, found in the 1973 general liability policy, that the insurer will "pay on behalf of the insured.
Insuring Agreement A provided that the $2,500 financial benefit derived by the employee was exclusive of "employee benefits earned in the normal course of employment, including: salaries, commissions, bonuses, promotions, awards, profit sharing or pensions.
As explained below, coverage turns upon application of specific insuring agreements and exclusions to the circumstances of a policyholders interaction with Madoff giving rise to the loss.
Under such circumstances, the applicable insuring agreement is shifted from Side B, with the higher corporate retention, to Side A, with the smaller or nonexistent individual retention.
Definitions--The definitions tell the insured and the insurer what certain terms used on the CGL form mean; these definitions are important in that the applicability of insuring agreements, exclusions, and conditions may depend on how a word or phrase is defined.
Although fidelity bonds, whether issued to financial institutions or corporations, provide coverage to the insured entity for losses caused by such perils as forgery, certain counterfeited documents, "on-premises" losses, or damage to property, the main insuring agreement provides coverage for losses caused by "dishonest and fraudulent acts" or, as in the case with some commercial crime bonds, "theft," committed by "employees" of the insured entity.
INSURING AGREEMENTS The Insurer will pay on behalf of the Insured all Damages and Claim Expenses .
Also, when it comes to insuring agreements, CG 00 37 and CG 00 38 have one insuring agreement as opposed to the three found on the CGL form.
Most exclusions among crime policies are consistent, but one glaring difference is the insuring agreements to which the exclusions apply.
The policy also features pay on behalf insuring agreements and the advancement of defense expenses.