Named Insured
The first person in whose name the insurance policy is issued.
Medical Payments (MedPay) Coverage
MedPay is an optional insurance coverage that pays for reasonable and necessary medical and funeral expenses for covered persons. These expenses must be incurred as a result of an auto accident.
Occasional Driver
A person who is not the primary or principal driver of the insured vehicle is an occasional driver.
Terms and Definitions - Car Insurance
Additional Interest Insured
A company or person who has been named as an additional interest insured on a policy can be liable for an accident that involves an insured person or vehicle. For example, a lienholder can be an additional interest insured.
Anti-Theft Device
A device, either active or passive, that attempts to prevent vehicle theft. Active anti-theft devices can track and recover a vehicle and automatically contact a response center to begin the vehicle recovery process. Passive anti-theft devices attempt to prevent theft by using sophisticated electronic car alarms, simple steering wheel locks, etc.
Bodily Injury Liability Coverage (BI)
If an insured person is legally liable for an accident, BI coverage pays for injuries/death to people involved in the accident other than the insured driver. BI also pays for legal defense costs if you are sued. Certain exclusions may apply. Refer to your policy.
Comprehensive Coverage
If your insured vehicle is damaged due to an event other than a collision, Comprehensive coverage will pay for the damage. This includes damages from fire, theft, windstorm, flood and vandalism. If your vehicle is stolen, Comprehensive covers transportation and loss of use expenses when applicable.
Collision Coverage
When your insured vehicle overturns or collides with another object, Collision coverage pays for the damage to your vehicle. Collision coverage also may extend to a non-owned vehicle or one rented for personal use that is in your custody or that you are operating. Certain exclusions may apply. Refer to your policy.
Continuously Insured
Being continuously insured means your insurance coverage from an insurer or more than one insurer was in effect at all times, without a break or lapse in coverage for any reason.
Declarations Page (Dec Page)
Also known as an auto insurance coverage summary, this page is provided by your insurance company and lists the following:
Deductible
A deductible is the amount you agree to pay out of pocket for damage resulting from a specific loss or accident. Generally, choosing a higher deductible will lower your premium.
Driver Improvement Course
Drivers age 55 and older can take a voluntary driver improvement course to refresh and enhance their driving skills. Taking this course may qualify these drivers for a discount if they meet eligibility requirements.
Driver Status
People can be added to policies with the following types of driver status:
Full Coverage
"Full coverage" is a common term that people use to describe how much auto insurance coverage they have. Though there is no such thing as "full coverage," it often implies that the policy has more than just Liability coverage.
Garaging Location
A garaging location is the place you primarily park your vehicle when you're not using it. Generally, this is your primary residence.
Limits
An insurance coverage limit is selected by you and is the most an insurance company will pay for damages or injuries that apply to the coverage. Most states have laws that specify the minimum limit that must be purchased for each required insurance coverage.
Loan/Lease Payoff Coverage
Loan/Lease Payoff coverage, sometimes called "gap" coverage, pays the difference between what you owe on your vehicle and what your insurance pays if your vehicle is declared a total loss or stolen and not recovered, less your Comprehensive or Collision deductible.
A company or person who has been named as an additional interest insured on a policy can be liable for an accident that involves an insured person or vehicle. For example, a lienholder can be an additional interest insured.
Anti-Theft Device
A device, either active or passive, that attempts to prevent vehicle theft. Active anti-theft devices can track and recover a vehicle and automatically contact a response center to begin the vehicle recovery process. Passive anti-theft devices attempt to prevent theft by using sophisticated electronic car alarms, simple steering wheel locks, etc.
Bodily Injury Liability Coverage (BI)
If an insured person is legally liable for an accident, BI coverage pays for injuries/death to people involved in the accident other than the insured driver. BI also pays for legal defense costs if you are sued. Certain exclusions may apply. Refer to your policy.
Comprehensive Coverage
If your insured vehicle is damaged due to an event other than a collision, Comprehensive coverage will pay for the damage. This includes damages from fire, theft, windstorm, flood and vandalism. If your vehicle is stolen, Comprehensive covers transportation and loss of use expenses when applicable.
Collision Coverage
When your insured vehicle overturns or collides with another object, Collision coverage pays for the damage to your vehicle. Collision coverage also may extend to a non-owned vehicle or one rented for personal use that is in your custody or that you are operating. Certain exclusions may apply. Refer to your policy.
Continuously Insured
Being continuously insured means your insurance coverage from an insurer or more than one insurer was in effect at all times, without a break or lapse in coverage for any reason.
Declarations Page (Dec Page)
Also known as an auto insurance coverage summary, this page is provided by your insurance company and lists the following:
- Types of coverage you have elected
- Limit for each coverage
- Cost for each coverage
- Specified vehicles covered by the policy
- Types of coverage for each vehicle covered by the policy
- Other information applicable to the policy
Deductible
A deductible is the amount you agree to pay out of pocket for damage resulting from a specific loss or accident. Generally, choosing a higher deductible will lower your premium.
Driver Improvement Course
Drivers age 55 and older can take a voluntary driver improvement course to refresh and enhance their driving skills. Taking this course may qualify these drivers for a discount if they meet eligibility requirements.
Driver Status
People can be added to policies with the following types of driver status:
- Rated – Actively drive vehicles on the policy
- Excluded – Not allowed to drive vehicles on the policy and will not be covered under your policy in the event of an accident
- Listed – Residents of the household who do not drive the vehicles on the policy (such as a roommate)
Full Coverage
"Full coverage" is a common term that people use to describe how much auto insurance coverage they have. Though there is no such thing as "full coverage," it often implies that the policy has more than just Liability coverage.
Garaging Location
A garaging location is the place you primarily park your vehicle when you're not using it. Generally, this is your primary residence.
Limits
An insurance coverage limit is selected by you and is the most an insurance company will pay for damages or injuries that apply to the coverage. Most states have laws that specify the minimum limit that must be purchased for each required insurance coverage.
Loan/Lease Payoff Coverage
Loan/Lease Payoff coverage, sometimes called "gap" coverage, pays the difference between what you owe on your vehicle and what your insurance pays if your vehicle is declared a total loss or stolen and not recovered, less your Comprehensive or Collision deductible.
Weird Things Insured
Robert M. Hutchins, an educational philosopher, dean of Yale Law School, president and chancellor of the University of Chicago, once said, “Whenever I feel like exercise, I lie down until the feeling passes.” Many of us, including me, think like that and for years I managed to avoid exercise other than walking to and from my car every day. But at some stage common sense prevailed and I joined a gym. Now I use a treadmill 2 or 3 times a week. The gym is careful – they want to be sure that their users are healthy and that no collapses or other events will darken their springy floor mats. They insist that each client brings a doctor’s certificate every year stating that the client is able to exercise.
When I received this demand from the gym, I went to my doctor and asked for the certificate. I’m his patient, he knows me, right? Not so. He sent me to a sports center for a stress test. I made it through that and paid the fee, which raised my blood pressure, and took the results back to my doctor. This time I got lot’s of Hmms and Hah’s and an instruction to visit a cardiologist, no doubt to read the ECG which the doctor didn’t understand.
Today I visited the cardiologist. It was impressive. Another stress test, an “Echo” which turned out to be an ultra-sound of the heart administered by a gorgeous technician with blue eyes and soft sexy voice. She got my heart racing all right! I waited while the results went to the doctor for analysis and then I was called in again.
“There’s not much wrong with you,” he said. Did I detect a note of disappointment? “Your heart misses a beat from time to time. It’s called Arrhythmia – go back to the gym. About our account, do you have health insurance?” I shook my head. Now there was a note of disappointment all right – I could read it all over his face. “Your account is just over $2,000. How would you like to pay this?”
I’m paying off at $100 a month. It’s going to take 20 months and it’s going to hurt like all these “small” monthly payments that add up. I could have bought health insurance for this amount and had all this testing for free! All I actually wanted to do was to continue going to the gym! Don’t wait like me – buy health insurance today!
When I received this demand from the gym, I went to my doctor and asked for the certificate. I’m his patient, he knows me, right? Not so. He sent me to a sports center for a stress test. I made it through that and paid the fee, which raised my blood pressure, and took the results back to my doctor. This time I got lot’s of Hmms and Hah’s and an instruction to visit a cardiologist, no doubt to read the ECG which the doctor didn’t understand.
Today I visited the cardiologist. It was impressive. Another stress test, an “Echo” which turned out to be an ultra-sound of the heart administered by a gorgeous technician with blue eyes and soft sexy voice. She got my heart racing all right! I waited while the results went to the doctor for analysis and then I was called in again.
“There’s not much wrong with you,” he said. Did I detect a note of disappointment? “Your heart misses a beat from time to time. It’s called Arrhythmia – go back to the gym. About our account, do you have health insurance?” I shook my head. Now there was a note of disappointment all right – I could read it all over his face. “Your account is just over $2,000. How would you like to pay this?”
I’m paying off at $100 a month. It’s going to take 20 months and it’s going to hurt like all these “small” monthly payments that add up. I could have bought health insurance for this amount and had all this testing for free! All I actually wanted to do was to continue going to the gym! Don’t wait like me – buy health insurance today!
Why you need health insurance today ?
Robert M. Hutchins, an educational philosopher, dean of Yale Law School, president and chancellor of the University of Chicago, once said, “Whenever I feel like exercise, I lie down until the feeling passes.” Many of us, including me, think like that and for years I managed to avoid exercise other than walking to and from my car every day. But at some stage common sense prevailed and I joined a gym. Now I use a treadmill 2 or 3 times a week. The gym is careful – they want to be sure that their users are healthy and that no collapses or other events will darken their springy floor mats. They insist that each client brings a doctor’s certificate every year stating that the client is able to exercise.
When I received this demand from the gym, I went to my doctor and asked for the certificate. I’m his patient, he knows me, right? Not so. He sent me to a sports center for a stress test. I made it through that and paid the fee, which raised my blood pressure, and took the results back to my doctor. This time I got lot’s of Hmms and Hah’s and an instruction to visit a cardiologist, no doubt to read the ECG which the doctor didn’t understand.
Today I visited the cardiologist. It was impressive. Another stress test, an “Echo” which turned out to be an ultra-sound of the heart administered by a gorgeous technician with blue eyes and soft sexy voice. She got my heart racing all right! I waited while the results went to the doctor for analysis and then I was called in again.
“There’s not much wrong with you,” he said. Did I detect a note of disappointment? “Your heart misses a beat from time to time. It’s called Arrhythmia – go back to the gym. About our account, do you have health insurance?” I shook my head. Now there was a note of disappointment all right – I could read it all over his face. “Your account is just over $2,000. How would you like to pay this?”
I’m paying off at $100 a month. It’s going to take 20 months and it’s going to hurt like all these “small” monthly payments that add up. I could have bought health insurance for this amount and had all this testing for free! All I actually wanted to do was to continue going to the gym! Don’t wait like me – buy health insurance today!
When I received this demand from the gym, I went to my doctor and asked for the certificate. I’m his patient, he knows me, right? Not so. He sent me to a sports center for a stress test. I made it through that and paid the fee, which raised my blood pressure, and took the results back to my doctor. This time I got lot’s of Hmms and Hah’s and an instruction to visit a cardiologist, no doubt to read the ECG which the doctor didn’t understand.
Today I visited the cardiologist. It was impressive. Another stress test, an “Echo” which turned out to be an ultra-sound of the heart administered by a gorgeous technician with blue eyes and soft sexy voice. She got my heart racing all right! I waited while the results went to the doctor for analysis and then I was called in again.
“There’s not much wrong with you,” he said. Did I detect a note of disappointment? “Your heart misses a beat from time to time. It’s called Arrhythmia – go back to the gym. About our account, do you have health insurance?” I shook my head. Now there was a note of disappointment all right – I could read it all over his face. “Your account is just over $2,000. How would you like to pay this?”
I’m paying off at $100 a month. It’s going to take 20 months and it’s going to hurt like all these “small” monthly payments that add up. I could have bought health insurance for this amount and had all this testing for free! All I actually wanted to do was to continue going to the gym! Don’t wait like me – buy health insurance today!
Tips for choosing Insurance.
If you are someone thinking of purchasing a health insurance plan, then you have plenty of options before you. Doing a bit of homework will help you choose the right plan from among the various health insurance quotes that you may come across.
One person who can help you find the right health insurance plan would be your insurance agent. Since they would be aware of the latest health insurance products in the market they can help you choose the right one. Although they would have your best interests in mind, you must also remember that they are not in any way obliged to find you the best deal. It is up to you to make an informed decision based on an insurance agent’s suggestions.
There are many insurance firms that provide insurance for your car, homes, health and just about any other insurance you will need. Sometime those vendors can give you a better price as they will bundle your coverage's and provide a package deal. Companies that specialize in boat insurance will generally have more options available. If you have financed your boat, your lender will likely have specific coverage that you must have before taking ownership of the vessel.
A good place to start off your search for a health insurance plan would be your existing insurer. It could for instance a company where health insurance is one of the products. Most of the insurers are known to offer discounts, if you were to purchase multiple insurance products from them. You must try and get in touch with as many insurers as possible during your initial search phase. This will help you go through the prospectus of various different insurers. You can then make a choice after making a comparison of the coverage benefits and costs.
There are basically two types of covers offered under health insurance policies, while the first one is the basic cover for surgical or hospital expenses, the other cover is meant for a wide range of medical expenses including physician expense, hospital expenses, ambulance services and prescription medicine coverage, to mention only a few. These days you can also find health insurance plans that also provide coverage for substance abuse and even mental illness. Before you shop around for a health insurance plan, you must make it a point to learn at least a bit about the basic types of health insurance. This will help you a lot when you actually shop around for one.
With the advent of the internet getting health insurance quotes has become a lot simpler these days. No longer do you need to call up several insurance companies or fill out various different applications for getting health insurance quotes. Over the internet, at most of the health insurance comparison websites, all that you need to do is to fill up just one application form and you will be literally flooded with quotes from different insurers.
It is always preferable that you choose an insurance company that specializes in providing health insurance rather than from a company where health insurance is one of the numerous insurance products that they may be selling. You should also make it a point to go through the ‘fine print’ of the prospectus before you sign on dotted lines. This will ensure that you do no end up paying any kind of hidden charges. Once you take care of all these aspects you are well on your way to obtaining the right health insurance plan.
One person who can help you find the right health insurance plan would be your insurance agent. Since they would be aware of the latest health insurance products in the market they can help you choose the right one. Although they would have your best interests in mind, you must also remember that they are not in any way obliged to find you the best deal. It is up to you to make an informed decision based on an insurance agent’s suggestions.
There are many insurance firms that provide insurance for your car, homes, health and just about any other insurance you will need. Sometime those vendors can give you a better price as they will bundle your coverage's and provide a package deal. Companies that specialize in boat insurance will generally have more options available. If you have financed your boat, your lender will likely have specific coverage that you must have before taking ownership of the vessel.
A good place to start off your search for a health insurance plan would be your existing insurer. It could for instance a company where health insurance is one of the products. Most of the insurers are known to offer discounts, if you were to purchase multiple insurance products from them. You must try and get in touch with as many insurers as possible during your initial search phase. This will help you go through the prospectus of various different insurers. You can then make a choice after making a comparison of the coverage benefits and costs.
There are basically two types of covers offered under health insurance policies, while the first one is the basic cover for surgical or hospital expenses, the other cover is meant for a wide range of medical expenses including physician expense, hospital expenses, ambulance services and prescription medicine coverage, to mention only a few. These days you can also find health insurance plans that also provide coverage for substance abuse and even mental illness. Before you shop around for a health insurance plan, you must make it a point to learn at least a bit about the basic types of health insurance. This will help you a lot when you actually shop around for one.
With the advent of the internet getting health insurance quotes has become a lot simpler these days. No longer do you need to call up several insurance companies or fill out various different applications for getting health insurance quotes. Over the internet, at most of the health insurance comparison websites, all that you need to do is to fill up just one application form and you will be literally flooded with quotes from different insurers.
It is always preferable that you choose an insurance company that specializes in providing health insurance rather than from a company where health insurance is one of the numerous insurance products that they may be selling. You should also make it a point to go through the ‘fine print’ of the prospectus before you sign on dotted lines. This will ensure that you do no end up paying any kind of hidden charges. Once you take care of all these aspects you are well on your way to obtaining the right health insurance plan.
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