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GLOSSARY OF INSURANCE TERMS
     
 
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
 

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Automobile insurance
Insurance against loss due to theft or traffic accidents. Insurance that guards the policyholder against losses involving automobiles. Complete reporting beside accidental loss, damage or stealing of the motor vehicle.

Car insurance
Insurance beside loss owed to theft or traffic car accidents. Car indemnity strategy is a safe guard for consumers that shields own passenger carrying automotive vehicle owners from monetary losses or accidents.

Home insurance
Insurance used to defend premium policyholders home, house or residential apartment.
 
 

It is also called as homeowners insurance. Insurance policy that combines a variety of individual insurance protections which can include losses occurring house and home contents.

Health insurance
Financial safety beside the medical care costs arising from illness or accidental bodily injury. Human assurance used to cover cost of health care. Insurance strategy that defend the insured in case of illness or injury, and that pays for the fitting medical treatments required, based upon limits recognized within the human being policies.

Life insurance
A kind of insurance that pays profit leading the death of an insured person. Policy conformity between an individual and an insurance company, where the investor agrees to pay a premium to the corporation for a specified amount of exposure. Protection against the death of being in the form of payment to a beneficiary generally a family member, company, or organization.