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Insurance is a promise of compensation for specific potential future losses in exchange for a periodic payment. Insurance is designed to protect the financial well-being of an individual, company or other entity in the case of unexpected loss. Some forms of insurance are required by law, while others are optional. Agreeing to the terms of an insurance policy creates a contract between the insured and the insurer. In exchange for payments from the insured (called premiums), the insurer agrees to pay the policy holder a sum of money upon the occurrence of a specific event. In most cases, the policy holder pays part of the loss (called the deductible), and the insurer pays the rest. Examples include car insurance, health insurance, disability insurance, life insurance, and business insurance.

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Insurance > Health insurance

health insurance

Insurance; Health insurance

Insurance on health, thus one can be compensated after a car accident and get his/her amount of installments on health insurance with interest.


Medical; Health insurance

an increase in the total cell mass of the blood

pre-existing condition

Medical; Health insurance

any injury, disease, or disability that may have occurred at some time in the past and may predispose an individual to limited health in the future.


Medical; Health insurance

the amount charged by a dental benefits organization for coverage of a level of benefits for a specified time

plastic surgery

Medical; Health insurance

Surgery to remodel, repair, or restore body parts, especially by the transfer of tissue.

speech therapy

Medical; Health insurance

peech Therapy focuses on receptive language, or the ability to understand words spoken to you, and expressive language, or the ability to use words to express yourself. It also ...


Medical; Health insurance

someone who pays for goods or services