Tag: Health Insurance Definitions

  • Broker

    Legal Definition and Related Resources of Broker Meaning of Broker One who exercises the calling of negotiating between parties ; the business of buying or selling or any other lawful transactions. A person whose business it is to bring a buyer […]

  • Co-Insurance

    It is a stipulation in an insurance policy that the insured shall bear such proportion of any loss as the value of the property at risk, in excess of the insurance the reon, shall bear to the amount of the insurance thereon, or to the interest of the insured therein; or, in other words, that…

  • Carrier

    Legal Definition and Related Resources of Carrier Meaning of Carrier A person holding himself out to transport goods and persons for hire. Carriers are of two kinds, common and private. A common carrier is one who invites all and sundry to […]

  • Insurance Law

    See Also   Health Law Medical Insurance Law Insurance Regulations Insurance Law Health Law Advocates Health Law Regulations Health Insurance Deductive Health Insurance Abbreviations Health Insurance Legislation   See Also in the World Encyclopedia of […]

  • Claim

    Legal Definition and Related Resources of Claim Meaning of Claim The assertion of a right to a remedy , relief or property . Frequently used as synonymous with cause of action . The right to demand something of another. Frequently the term is […]

  • Rider

    An additional or inserted clause to a legal document. An additional clause attached to and forming part of an insurance policy.

  • Exchange

    A transfer of property for property or some value other than money . barter . Even where money changes hands, in addition to property, it would still be an exchange. A trade is an exchange. Also, the place where merchants, businessmen, brokers, agents, etc., voluntarily […]

  • Grievance

    Legal Definition and Related Resources of Grievance Meaning of Grievance An injury , injustice or wrong which gives ground for complaint . In the field of industrial relations, particularly in unionized companies, the word grievance usually […]

  • Grievance

    Legal Definition and Related Resources of Grievance Meaning of Grievance An injury , injustice or wrong which gives ground for complaint . In the field of industrial relations, particularly in unionized companies, the word grievance usually […]

  • Rationing

    Legal Definition and Related Resources of Rationing Meaning of Rationing The fixing of a periodical allowance such as of food, fuel, clothing, etc. What does Rationing mean? Rationing […]

  • Rationing

    Legal Definition and Related Resources of Rationing Meaning of Rationing The fixing of a periodical allowance such as of food, fuel, clothing, etc. What does Rationing mean? Rationing […]

  • Premium

    A consideration ; a reward for an act done; a bounty or bonus . Also, the annual or periodic payment made by an insured to the insurer in consideration of the insurer issuing the policy of insurance or renewing the same.

  • Cooperatives

    Legal Definition and Related Resources of Cooperatives Meaning of Cooperatives Cooperatives or insurance cooperatives were proposed in the Senate as an alternative to a proposed government plan or public option. The cooperatives, which would have […]

  • Risk

    Hazard , danger , peril , exposure to loss, injury , disadvantage or destruction, and comprises all elements of danger. Knox Jewelry Co. Inc. v Cincinnati Ins. Co., 203 S.E.2d 739, 130 Ga.App. 519. In insurance law, it denotes that specified contingency or peril contemplated in the […]

  • General Agent

    General Agent

    This typically refers to a middle man agent who facilitates business between retail agents and the insurance company….