sickness and accident insurance


sickness and accident insurance
Fin
a form of permanent health insurance that may be sold with some form of credit, for example a credit card or personal loan. In the event of the borrower being unable to work because of accident or illness, the policy covers the regular payments to the credit card company or lender.

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  • sickness and accident insurance — A form of health insurance in which the benefits are paid for a fixed time after the onset of an illness or accident that prevents the insured from working. Premiums can increase each year and renewal can be refused if a claim has been made.… …   Big dictionary of business and management

  • insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia

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  • insurance — Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed upon sum to the insured in the event of loss. Bloomberg Financial Dictionary * * * insurance in‧sur‧ance [ɪnˈʆʊərəns ǁ… …   Financial and business terms

  • Accident And Sickness Insurance Act — This is a Canadian government statute that defines the acceptable terms and conditions of health insurance coverage and sets out guidelines to which these policies must conform. It is now known as the Uniform Accident and Sickness Insurance Act,… …   Investment dictionary

  • American Family Insurance — Infobox Company company name = American Family Insurance company | company type = Mutual company slogan = All your protection under one roof foundation = 1927 location = Madison, Wisconsin, USA key people = David Anderson, CEO [… …   Wikipedia

  • personal accident and sickness insurance — See sickness and accident insurance …   Big dictionary of business and management


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