A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Managed Healthcare Plans
A system that organizes a network of doctors, hospitals, and other providers to provide comprehensive health services to their members at lower costs.
Health care benefits that state or federal law says must be included in health care plans.
A significant misstatement in an application form. For example, you did not tell the truth about a situation or medical condition at the time of applying for coverage which would have caused the company to deny you insurance if they had known the truth.
The time at which the insurance contract is paid to the policyholder, if still alive.
Insurance that pays the medical and funeral expenses for you or any passengers riding in your car at the time of an accident. Medical payments will provide coverage whether the accident was caused by you or someone else.
A provision in a health care insurance policy that excludes coverage for treatment that is not “medically necessary”. This term may be defined differently from one health care plan to another.
the charges a company makes against the policy to cover the policy’s share of the cost of death claims, based upon a mortality table used by the insurance company. Also called the “cost of insurance”.
Charts that show the death rates an insurer may reasonably anticipate among a particular group of insured lives at certain ages.
A clause in an insurance policy that makes a claim jointly payable to the policyholder and the party that holds a mortgage on the property.
A contract that insures the lender against loss caused by a mortgagor’s default on a government mortgage or conventional mortgage.
Multi Peril Insurance
Personal and business property insurance that combines in one policy several types of property insurance covering numerous perils