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55 Results for Tag: coverage

Key Person Insurance

DefinitionKey person insurance, also commonly called keyman insurance and key man insurance or 'key employee insurance', is an important form of business insurance. There is no legal definit

Health Reimbursement Account (HRA)

Health Reimbursement Account (HRA) What is a 'Health Reimbursement Account - HRA' A health reimbursement account (HRA) consists of employer-funded plans that reimburse employees for incurr

Health Insurance Portability And Accountability Act (HIPAA)

Health Insurance Portability And Accountability Act (HIPAA) What is 'Health Insurance Portability And Accountability Act - HIPAA' An act created by the U.S Congress in 1996 that amends bot

Health Maintenance Organization (HMO)

DefinitionIn the United States, a health maintenance organization is a medical insurance group that provides health services for a fixed annual fee. It is an organization that provides or ar

Health Insurance

DefinitionHealth insurance is insurance that covers the whole or a part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons. By estimating t

Hazard Insurance

DefinitionHome insurance, also commonly called homeowner's insurance, is a type of property insurance that covers a private residence. It is an insurance policy that combines various persona

Yearly Renewable Term (YRT)

Yearly Renewable Term (YRT) What is 'Yearly Renewable Term - YRT' A one-year term life insurance policy. This type of policy gives policy holders a quote for the year the coverage is bough

Yearly Renewable Group Term Insurance

Yearly Renewable Group Term Insurance What is 'Yearly Renewable Group Term Insurance ' A type of insurance policy purchased by employers to cover several people at a time and is reviewed o

Yearly Renewable Term Plan of Reinsurance

Yearly Renewable Term Plan of Reinsurance What is 'Yearly Renewable Term Plan of Reinsurance' A type of life reinsurance where mortality risks are transferred to a reinsurer. In the yearly

Identity Fraud Reimbursement Program

Identity Fraud Reimbursement Program What is 'Identity Fraud Reimbursement Program' A financial product that offers reimbursment for the costs associated with having been a victim of ident
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