Hazard
In insurance, a hazard is a condition or situation that increases the likelihood of a loss occurring or makes the loss more severe if it does occur.
Insurance Glossary
Glossary/Encyclopedia of insurance terms. In addition to the brief description of insurance terms, we have also provided detailed explanation of each term. By selecting ‘More Details’ in each term, you can view the detailed explanation of the term with examples.
Health insurance
Health insurance is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses.
Health Maintenance Organization (HMO) (USA)
A Health Maintenance Organization (HMO) is a type of health insurance plan in the USA that provides comprehensive medical care to its members through a network of healthcare providers.
Health Saving Account (HSA) (USA)
A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP).
Homeowners Insurance
A type of insurance that covers damages to a house and its contents, as well as liability for injuries or damages caused to others on the property.
Hospital Indemnity
Hospital indemnity insurance is a type of supplemental health insurance that provides a fixed cash benefit directly to the policyholder for each day they are hospitalized.
Host Liquor Liability
Host liquor liability insurance is a type of insurance that covers the liability of a person or organization that serves alcohol to guests, in the event that an intoxicated guest causes injury or damage to others.