Health Insurance Contract


Definition of "Health insurance contract"

Policy that pays benefits to an insured who becomes ill or injured, provided that documentation is offered to confirm the illness or injury.



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Related Real Estate Glossary terms

Crop Insurance

Coverage for crops in the event of loss or damage by insured perils including hail, fire, and lightn ...

Equity

Fairness (as an objective of insurance pricing). Premium rates are set according to expectation of l ...

Capital Lease

Rental in which the lessee obtains major property rights. Although not legally a purchase of propert ...

Functional Depreciation

A reduction in structural value from all reasons except physical failure. For example, a commercial ...

Product Liability Insurance

Coverage usually provided under the commercial general liability insurance (CGL); it can also be pur ...

Taxable Income

Individual: Adjusted gross income less itemized deductions and personal exemptions. After taxable ...

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What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you ...

What Is Long Term Care Insurance?

Long-term care refers to a broad range of medical and personal care services designed to assist indi ...

What Is A Balloon Mortgage?

A type of mortgage in which the loan amount is amortized over the full length of the loan (usually 3 ...

What Type Of Life Insurance Is Right For Me?

A life insurance policy can help enable your family to remain financially if you or your spouse shou ...

What Is Disability Insurance?

Line of insurance, which included coverages that are designed to protect the insured against a loss ...

What Is A Cap?

A limit on an adjustable-rate mortgage. ...

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