Compensation - provides payment, repair or replacement to face that suffered losses.
An independent audit organization (IRO) is an independent and impartial group or an organization that conducts external inspections of the final adverse definitions issued by insurance companies; Reviews at the request of the insured. The cost of such a review falls on the insurance company, and their decision is final and mandatory for the insurance company.
An individual market (applies to health insurance) - this market consists of individuals and members of their families who buy medical insurance directly from the insurer.
The provider within the network is a medical service provider (for example, a hospital or doctor), which under the contract is part of the network for organizing managed medical care (for example, HMO or PPO). The supplier agrees with the rules and schedules of payment for the services of a managed medical care and undertakes not to invoice patients on amounts exceeding the agreed fee.
Inner appeal is the first stage of appeal, when you (or authorized representative), asking for a medical insurance plan to revise the decision made by him regarding your benefits ("unfavorable decision"). The plan will consider your appeal and inform you if he considers his original decision right. Some internal appeals have several levels.
Annuity to refund by installments (refers to life insurance) - the type of annuity that guarantees that in the event of the death of the policyholder before receiving payments equal to the amount paid to them to establish an annuity, the insurer will return the difference to the recipient with equal parts.
Insurance interest (refers to the insurance of homeowners and life insurance) - for insurance of homeowners it is when a person has a legal financial interest in ownership, which is the subject of insurance. As for life insurance, the owner of the policy or the beneficiary will incur real losses in the event of their occurrence.
Insurance is an agreement on the transfer of risk from individuals of the insurance company. In exchange for a premium, the Insurance Company agrees to pay damages covered in accordance with the terms of the policy.
Insurance Commissioner is a state official officer who is authorized to ensure compliance with the state of insurance and make reasonable rules and provisions to fulfill the provisions of the law. Insurance Commissioner also conducts investigations, checks and hearings related to this law enforcement. Buy inexpensively https://its-your.club/viewforum.php?id=111 with a guarantee, there are discounts.