This glossary includes many commonly used insurance and insurance-related terms. It is not an exhaustive list and only meant as an educational or informational aid. Terms, or definitions, as related ...

There’s a lot to know and keep track of in the fast-paced world of automobile insurance. The myriad of terms used to describe everything from apples to oranges causes even more confusion for consumers ...

As Congress takes up a new health-insurance overhaul, a major focus will be on the individual-insurance market, where consumers and families buy their own plans.

It can be confusing to navigate the world of health insurance. However, understanding some common terms can help. The following list is a glossary of some commonly used health insurance terms. It is ...

Knowing the terminology helps when trying to make the best choices. If you aren't familiar with the insurance terms used in discussing your options, making choices can be difficult. Here's a little ...

The sum assured is the amount of money an insurance policy guarantees to pay up before any bonuses are added. In other words, sum assured is the guaranteed amount the policyholder will receive. This ...