1. old-age insurance insurance paid to the elderly
  2. tontine insurance a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
  3. malpractice insurance insurance purchased by physicians and hospitals to cover the cost of being sued for malpractice
  4. fire insurance insurance against loss due to fire
  5. hazard insurance insurance that provides protection against certain risks such as storms or fires
  6. group insurance insurance that is purchased by a group (such as the employees of a company) usually at a reduced rate to individual members of the group
  7. straight life insurance insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
  8. term insurance low-cost insurance that is valid only for a stated period of time and has no cash surrender value or loan value
  9. car insurance insurance against loss due to theft or traffic accidents
  10. mortgage loan a loan on real estate that is usually secured by a mortgage
  11. reinsurance sharing the risk by insurance companies
  12. health insurance insurance against loss due to ill health
  13. social insurance government provision for unemployed, injured, or aged people
  14. ordinary life insurance insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured
  15. coinsurance insurance issued jointly by two or more underwriters
  16. survivors insurance insurance paid to surviving spouses
  17. mortgage holder the person who accepts a mortgage
  18. no fault insurance a system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident
  19. automobile insurance insurance against loss due to theft or traffic accidents
  20. whole life insurance insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured

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