Accident Insurance
Accident insurance is supplemental coverage that may pay cash benefits after qualifying covered injuries, emergency treatment, urgent care, or recovery needs.
Insurance glossary
Plain-language insurance definitions.
Simple explanations for common coverage terms people see while comparing health, Medicare, life, supplemental, home, and auto insurance.
Coinsurance
Coinsurance is the percentage of covered costs you may pay after meeting a deductible, depending on the plan.
Copay
A copay is a fixed amount you may pay for a covered service, such as a doctor visit or prescription, depending on the plan.
Deductible
A deductible is the amount you may pay for covered services before certain plan benefits begin paying, subject to plan terms.
Hospital Indemnity
Hospital indemnity is supplemental coverage that may pay cash benefits after a qualifying hospital admission or stay.
Out-of-Pocket Maximum
An out-of-pocket maximum is the most you pay for covered in-network care in a plan year before the plan pays 100% of covered costs, subject to plan rules.
Term Life Insurance
Term life insurance provides death benefit protection for a set period and can help loved ones with income, mortgage, and family obligations.