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 ?
Gilberg, acting as a husband wife team, made more than $136,000 in commissions on these inappropriate annuity sales.
An annuity is a financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees.
"We are responding with two new fixed annuities that can provide greater value as people plan and save for retirement." Both the Brighthouse Fixed Rate Annuity and Brighthouse Fixed Rate Annuity MVA are single premium deferred fixed annuities that offer consumers a guaranteed rate of interest for the Initial Guarantee Period.
Example 1: Marie Jenkins pays $100,000 to an insurer for an income annuity. Every month thereafter the company sends Marie a check.
(Related: Annuity Sales May Be Starting to Firm Up: Wink )
"Unlike the last several years where indexed annuities propelled overall fixed annuity growth, in 2016, fixed-rate deferred was the primary driver of fixed sales in 2016," said Todd Giesing, assistant research director, LIMRA Secure Retirement Institute.
Tax-deferred annuity plans--403(b) and 457 plans-- also are used widely by public-sector and nonprofit workers.
Each product provides individuals with the protection and growth potential that are inherent features of a fixed indexed annuity. Those who select the Voya Quest Plus Index Annuity will receive an added 6.0 percent premium bonus at the start of the annuity contract.
The court disagreed, finding there is no minimum term for an annuity to qualify as Medicaid-compliant.
2| Those that believe they know what an annuity is, usually do not.
Second, if the sponsor of a defined contribution plan wants to be more proactive, it can provide, inside the plan, a group annuity that gives participants both investment and distribution options.
Until recently, choosing an annuity was simply a matter of determining whether one needed income now or in the future.