Please choose the letter you wish to define:
- Hail Insurance:
Form of insurance that protects against loss of crops from hail.
- Hazard:
A condition that creates or increases the chance of loss.
- Health Insurance:
Insurance against financial losses resulting from sickness or
accidental bodily injury.
- Health Insurance:
An insurance policy that provides payment for benefits of a
covered sickness or injury. Included under this definition are
various types of insurance such as: accident insurance, disability
insurance, medical expense insurance, and accidental death and
dismemberment insurance.
- Health Maintenance Organization (HMO):
An HMO is a prepaid medical service plan that provides a wide
range of comprehensive health care services for a specified
group (members) or individuals at a fixed periodic payment.
- High-Risk Automobile Insurer:
A insurance company that specializes in insuring motorists who
have poor driving records.
- Hired Auto Liability:
A nonowned auto that may be borrowed as well as rented or leased by the insured. Personal auto policy insureds are covered automatically for hired autos, but business auto policy insureds may not be. Employer's may be exposed to liability when a vehicle is rented in the company name.
- Hold-Harmless Clause:
A clause written into an insurance policy which one party agrees
to release another party from any legal liability.
- Homeowners Policy:
A package policy providing home owners with a broad range of
property and liability coverage's.
- Hospice:
A health care facility providing medical care and support
services for terminally ill persons.
- Hospital Expense Insurance:
A health insurance policy that covers daily hospital room and
board charges and some miscellaneous hospital expenses.
- Hospital Miscellaneous Services:
Any services other than room and board (and general nursing
services) provided by a hospital during hospital confinement.
Included are such items as: X- ray examinations, laboratory
tests, medicines, surgical dressings, anesthetics (including the
administration of), and use of operating room.
- Hull Insurance:
A class of ocean marine insurance that covers physical damage
to the ship or vessel insured. Usually, written on an "all-risks"
basis. Also can provide physical damage insurance on a aircraft,
similar to collision insurance in an automobile policy.
- Human Life Value:
A method of determining Life insurance needs by taking into
account a person's income, expenses, remaining years of
earning, and the depreciation of money over time.
- Hurricane:
A tropical storm marked by extremely low pressure and circular
winds with a velocity of 75 miles an hour or more.
Please choose the letter you wish to define:
Insurance Glossary is Copyrighted By Richard H. Reynolds.
Keller-Lowry Insurance, Inc. Uses This Glossary By Permission.
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