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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 
specialty contractor
Health care; Managed care
A Medicare contractor that performs a limited Medicare function, such as coordination of benefits, statistical analysis, etc.
Medicare Premium Collection Center (MPCC)
Health care; Managed care
A Medicare direct billing contractor.
benefit exhausted data
Health care; Managed care
A Medicare term for the date a beneficiary has used maximum benefits for the current benefit or enrollment period.
selling interview
Health care; Managed care
A meeting between an insurance salesperson and a prospective buyer that has the objective of closing the sale.
enrollee
Health care; Managed care
A member of a prepaid health care, governmental, or other health insurance plan. A person who is directly or independently eligible for coverage of health services provided under ...
commission broker
Health care; Managed care
A member of the New York Stock Exchange executing orders on behalf of his own organization and its customers.
conversion plan
Health care; Managed care
A member’s group plan is canceled; the member opts to continue coverage under an individual health or life insurance plan.
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)