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Insurance
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 
nursing home insurance
Health care; Managed care
A medical expense health insurance policy offered primarily to senior citizens to provide residential or convalescent nursing home care. TheNational Association of Insurance ...
basic hospitalization policy
Health care; Managed care
A medical expense health plan that provides payment for hospital expenses only. Pays first-dollar benefits, but has relatively low limits.
physician expense policy
Health care; Managed care
A medical expense health plan that reimburses the policy owner for the cost of a physician’s services (other than surgical). Commonly referred to as a basic medical policy.
physician’s expense policy
Health care; Managed care
A medical expense health plan that reimburses the policy owner for the cost of a physician’s services (other than surgical). Commonly referred to as a basic medical policy.
disability income insurance records system (DIIRS)
Health care; Managed care
A Medical Information Bureau (MIB) recording system for nonmedical information concerning prospects for disability insurance coverage.
procedure
Health care; Managed care
A medical intervention to fix a health problem or to learn more about it. For example, surgery, tests, and putting in an intravenous line are procedures.
proceduralist
Health care; Managed care
A medical provider that performs interventions and treatments, such as dentist, podiatrists, surgeon, etc. Noncognitive medical provider or doctor.
Sub-categories
- Car insurance (39)
- Commercial insurance (92)
- General insurance (136)
- Health insurance (5560)
- Home insurance (17)
- Life insurance (3867)
- Medicare & Medicaid (23018)
- Travel insurance (7)