Stock insurance company


 

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Stock insurance company

An insurance company owned by a group of stockholders, who are not necessarily policyholders.



Stock insurance company

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Letting insurance

Letting insurance

An insurance the landlord might take out to protect his or her possessions in the rented home.


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Insurance coverage for a group, which can usually be obtained at a cheaper rate than insurance for an individual.


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A contract in which payment of premiums covers the insured against something which may, or may not occur. For example motor insurance covers the insured against accidents which may occur. In the UK insurance is differentiated from assurance (life assurance) which is protection against something which will inevitably occur.


Private Medical Insurance

Private Medical Insurance

This insurance which gives you access to private medical care in the event of injury or illness. This will not normally cover injuries or illnesses present prior to accepting a policy. The main downside to most of these plans is that you usually have to pay for hospital accommodation, surgeon's fees, and drugs or medication upfront and then receive a refund once your claim has been processed.


Insurance claim

Insurance claim

A claim for reimbursement from the insurance company when the insured has suffered a loss that is covered under an insurance policy.


Further Suggestions

personal accident and sickness insurance
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cash value life insurance
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long term care insurance
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