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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.


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 ?
There are a wide range of life assurance policies to meet different needs, either replacing lost income or providing a capital sum either on death or on subsequent cashing in.
Another firm, Lifesearch, also offers life assurance over the net.
Because people are now living longer, they pose less of a risk to life assurance companies, and that has helped drive premiums down.
Swedish financial group Skandia said today (20 March) that it had been granted a licence to conduct life assurance business in Beijing, China, through a joint-venture company.
It has now agreed to sell the British Old Mutual Life Assurance to two Bermuda-based re-insurance underwriters, XL Mid Ocean Reinsurance and Century Life.
Because people are now living longer they pose less of a risk to life assurance companies, and that has helped drive premiums down.
Atlanta, merged into American Bankers Life Assurance Company of Florida during April.
Life assurance is vital at any age as you can never predict the state of your health and you may find you become uninsurable should your health deteriorate unexpectedly.
Top Canada Life Insurers Capital and Surplus 2003 (C$ billions) Sun Life Assurance Co of Canada [07101] Great-West Life Assurance Co [06493] Manufacturers Life Ins Co [06688] Canada Life Assurance Co [06183] Maritime Life Assurance Co [06689] London Life Ins Co [06667] Independent Order of Foresters [60132] Metropolitan Life Ins Co CAB [69336] Transamerica Life Canada [66805] Industrial Alliance Ins & Financial Svcs [06554] Note: Table made from bar graph.