(redirected from insurance firm)
Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia, Wikipedia.


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]
Farlex Partner Medical Dictionary © Farlex 2012


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.
McGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.


A contractual arrangement whereby one party agrees to indemnify the other against financial or other specified loss during a stated period in the future.
Medical Dictionary for the Health Professions and Nursing © Farlex 2012


Coverage against financial loss procured by contract from a company that provides such protection.
Medical Dictionary for the Dental Professions © Farlex 2012

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
This content is provided by iMedix and is subject to iMedix Terms. The Questions and Answers are not endorsed or recommended and are made available by patients, not doctors.
References in periodicals archive ?
As we are gaining experience on insurance covers and the various tricks that the insurance firms come up with, here is a new experience on the subject.
Point of Sale (PoS) is yet another development that could be capitalized by the insurance firms.
2 and 5, the certainty equivalent of each insurance firm, which is indicated by [CE.sub.i], can be derived (3):
The Lebanese insurance market is considered relatively saturated compared to other Arab markets, with premiums of less than $1.2 billion per year being shared among 50 insurance firms.
In a challenging market, the sector's growth is also forcing some new insurance firms to raise their capital.
Now Scots Secretary Helen Liddell is set to put an end to the chicanery of insurance firms.
"It seems that the pressures of today's workplace - new technologies, tighter budgets, tighter deadlines - are taking their toll on employees who are struggling to cope with longer hours in the office, " said Eugene McCormack, marketing director of insurance firm Unum.
Beijing doled out business licences to four foreign insurance firms in April, and a Chinese official said in June that four more cities -- Shenzhen, Chongqing, Dalian and Tianjin -- would be opened eventually.
The top court's verdict came upon an appeal by the Attorney-General and it found that the plaintiff, who filed the civil lawsuit against the insurance firm, is not entitled to reimbursement as his driving licence had expired at the time of the accident.
The insurance firm, which is moving from 550 Mamaroneck Ave., will occupy 14,230 square feet on the fourth floor for 12 years and four months.
Therefore, if a life insurance company goes under, bank funds in the form of shares in the insurance firm will become uncollectible, possibly resulting in a financial crisis for the bank.

Full browser ?