Insurance Terminology

Subcategories

Understand what does off exchange mean in health insurance and learn how to choose the best plan for your needs and budget

Discover the actual cash value definition and how it works in insurance claims, reducing payouts to item's current worth, not original price.

Discover the Assurant meaning, definition, and purpose in insurance and financial services, including its history and key features.

Discover how PPO dental insurance works, what does PPO stand for, and its benefits for cost-effective care and flexible provider networks.

Discover what UCR means in dental insurance and how it affects your out-of-pocket costs for treatments and procedures, from fillings to implants.

Learn what does 25 coinsurance mean and how it affects your medical expenses. Understand the concept and its impact on your healthcare costs.

Learn what is the purpose of coinsurance in insurance policies. Discover how it affects your coverage and what to expect when filing a claim.

A copayment is defined as your share of healthcare costs, learn how it affects your medical expenses and what to expect at the doctor's office.

Understand Hazard Definition in Insurance: Learn how insurers define and assess risks to calculate premiums in this comprehensive guide.