Policy Type

Coverage is pure protection with no savings component, which keeps premiums far below permanent insurance for the same face amount...

Part of each premium pays for protection and part builds cash value, credited with a guaranteed interest rate and often a dividend...

Each month the insurer deducts mortality charges and expenses from the account, and the remainder earns interest at a credited rat...

Returns are not guaranteed, so cash value and death benefit can rise or fall with market performance, though guaranteed minimum de...

Basic group amounts often require no medical evidence, which makes them valuable for workers with health issues. Supplemental amou...

Acceptance is simplified or guaranteed, meaning no medical exam and often no health questions, with guaranteed issue versions char...

Payouts for partial losses are set as percentages of the face amount, and the coverage is cheap because accidents cause only a sma...

Immediate annuities start paying at once while deferred annuities accumulate first. Fixed annuities credit a guaranteed rate, vari...

Members choose a primary doctor who manages care and writes referrals to specialists, and care outside the network is generally no...

Members can see specialists without referrals, the main convenience over HMOs. In network care might be covered at 80 or 90 percen...

Until the deductible is met members pay the full negotiated price for most care, though preventive services are exempt from the th...

The government pays the insurer a monthly amount per member, adjusted for health risk, and plans manage networks, prior authorizat...

Standardized designs labeled A through N are set by federal rules, so identical letters carry identical coverage across insurers a...

Employer group plans are common and cheap but often cap monthly benefits, cover own occupation only briefly, and vanish with the j...

Nursing homes run over 100,000 dollars a year for a private room in many states and home care adds up just as fast, which is the r...

Covered conditions typically include heart attack, stroke, cancer, kidney failure, and major organ transplant, with exact contract...

Accident and illness plans form the core product while accident only and wellness add ons handle routine care. Premiums run from a...

The dominant HO-3 form covers the dwelling for all perils except named exclusions and contents for named perils such as fire, wind...

Policies typically cost 10 to 20 dollars a month because contents, not structure, are insured, making it among the cheapest protec...

It covers personal property, betterments and improvements inside the unit, loss assessment charges, liability, and loss of use. Th...

In the United States the National Flood Insurance Program dominates, delivering most policies through private carriers with reside...

In California most policies come from the state backed California Earthquake Authority with deductibles set as percentages of dwel...

Covered defects include unknown heirs, forged deeds, liens, recording errors, and boundary disputes. Unlike other insurance it cov...

Trip cancellation reimburses prepaid nonrefundable costs for covered reasons such as illness, jury duty, or severe weather, while ...

Standard contents coverage caps theft of jewelry at around 1,500 dollars total and other categories even lower, so a 12,000 dollar...

Covered expenses include legal fees, notarization, mailing, lost wages for time spent clearing records, loan reapplication fees, a...

Split limits such as 50/100/50 mean 50,000 dollars per injured person, 100,000 per accident, and 50,000 for property damage. Nearl...

It pays actual cash value regardless of fault, subject to a deductible of 250 to 1,000 dollars, with higher deductibles buying low...

Covered perils include fire, falling objects, vandalism, glass breakage, and deer strikes, which total near a million US claims a ...

Mandatory in roughly a dozen and a half US no fault states, it typically carries limits of 10,000 to 50,000 dollars and covers pas...

Roughly one in eight US drivers carries no insurance, with some states near one in five, which makes this a major protection decis...

New cars depreciate fast, often 20 percent in the first year, while down payments are small and loan terms stretch to 72 and 84 mo...

It pays when an underlying liability limit exhausts, extends to claims the base policies exclude, such as libel, slander, and some...

Used by agents, brokers, consultants, engineers, architects, accountants, and IT providers, it covers economic loss claims that ge...

Policies split into occurrence forms, covering any incident while insured no matter when claimed, and claims made forms, covering ...

US law imposes strict liability in most states, so a claimant need not prove negligence, only a defect in design, manufacture, or ...

It responds to claims arising from business premises, operations, products, and completed work, and under standard forms the insur...

Claims include breach of fiduciary duty, misleading disclosures, employment decisions, and regulatory investigations. Policies pay...

Covered claims include wrongful termination, discrimination, harassment, and retaliation, and sometimes wage and hour defense. Pol...

Policies cover breach response costs, forensics, notification, credit monitoring, legal defense, regulatory fines where insurable,...

In exchange for giving up the right to sue the employer, employees receive medical care, indemnity payments, and disability benefi...

Sold inside commercial property policies rather than alone, it pays for the restoration period plus extra expense to keep operatin...

The company owns the policy, pays premiums that are typically not deductible, and receives death benefits that are generally incom...

Special form policies cover all causes except listed exclusions such as flood, earthquake, and wear, while named peril forms list ...

Marine cargo policies move with goods worldwide on annual open cover, hull policies insure vessels, and protection and indemnity c...

Policies combine hull, agreed value settlement on the airframe, and liability, written as combined single limits for airlines and ...

In the United States the federal program run by the USDA Risk Management Agency dominates, with policies sold and serviced by priv...

It protects the structure, materials, and equipment on site, in transit, or staged nearby. Forms run on completed value basis, req...

A hurricane policy might pay per mile per hour of wind speed over 120 at a stated coordinate, an earthquake policy per magnitude i...

Created by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, Part D is delivered by private insurers thr...

Most plans cover cleanings and exams at or near 100 percent, fillings and other basic procedures at around 80 percent, and crowns,...

PMI lets buyers purchase with as little as 3 to 5 percent down on conventional loans, with the borrower paying the premium monthly...

Unlike insurance, a surety bond is written with the expectation of no loss: if the surety pays a claim, it seeks full repayment fr...

Policies typically cover a portfolio of buyers, with the insurer setting a credit limit on each customer and reimbursing a high pe...

K and R policies are bought mainly by multinational companies with staff in high risk regions, by shipping firms facing piracy, an...

The line grew out of ocean marine insurance when shippers wanted the same broad transit protection for goods moving by rail, truck...