A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Types of Insurance Plans

Collision Coverage
Collision Coverage

Collision insurance is one of five basic types of car insurance coverage. No state requires the purchase of collision coverage, but auto loan lenders and leasing companies will usually require you to purchase both collision and comprehensive insurance coverage.

source: wallethub.com
Comprehensive Coverage
Comprehensive Coverage

Comprehensive insurance coverage is one of the main coverages available as part of a car insurance policy. Comprehensive is optional insurance protection you add to your basic car policy that provides you with coverage from damages that are not the result of a collision with another car.

Exclusive Provider Organizations (EPOs)
Exclusive Provider Organizations (EPOs)

Subscribe to get email (or text) updates with important deadline reminders, useful tips, and other information about your health insurance. Your information contains error(s): Please choose a state.

Health Maintenance Organization (HMO)
Health Maintenance Organization (HMO)

HMO stands for Health Maintenance Organization. HMOs have their own network of doctors, hospitals and other healthcare providers who have agreed to accept payment at a certain level for any services they provide. This allows the HMO to keep costs in check for its members.

source: humana.com
Health Maintenance Organizations (HMOs),
Health Maintenance Organizations (HMOs),

Read about HMO plans, which require you to go to doctors, other health care providers, or hospitals on the plan's list, unless you need emergency care. You may also need to get a referral from your primary care doctor to see a specialist.

source: medicare.gov
Health Savings Account (HSA)
Health Savings Account (HSA)

Health savings accounts combined with high-deductible health plans are promoted as a way to cut medical costs. See how to judge if they're right for you. Health savings accounts combined with high-deductible health plans are promoted as a way to cut medical costs.

High
High

Like the name implies, if you’re covered by a high-deductible health plan you pay a smaller premium amount each month, but you must also pay thousands of dollars out-of-pocket before insurance begins to cover the cost of your medical expenses.

Indemnity Plans
Indemnity Plans

Indemnity plans allow you to direct your own health care and visit almost any doctor or hospital you like. The insurance company then pays a set portion of your total charges. Indemnity plans are also referred to as "fee-for-service" plans.

Liability Coverage
Liability Coverage

If you have personal liability coverage, you may be able to avoid paying out of pocket for incidents like these, up to your coverage limits. That’s why personal liability coverage is an important component of your homeowners insurance or renters insurance policy.

Medical Payments Coverage
Medical Payments Coverage

Medical payments (also known as medical expense or MedPay) coverage helps pay for medical and funeral expenses associated with auto accidents. It is an option available with auto insurance policies and usually covers expenses for the policyholder, passengers, and family members driving the insured vehicle at the time of an accident.

Participating Provider Options (PPOs),
Participating Provider Options (PPOs),

In health insurance in the United States, a preferred provider organization is a managed care organization of medical doctors, hospitals, and other health care providers who have agreed with an insurer or a third-party administrator to provide health care at reduced rates to the insurer's or administrator's clients.

Personal Injury Protection
Personal Injury Protection

Personal injury protection is a “no-fault” coverage and is required in some states. "No-fault" means that regardless of which driver was at fault, some of the medical expenses for the policyholder and others in the policyholder’s car may be covered by insurance.

Point of Service (POS)
Point of Service (POS)

Find affordable POS plans and apply for coverage online What is a POS plan? A Point of Service (POS) plan has some of the qualities of HMO and PPO plans with benefit levels varying depending on whether you receive your care in or out of the health insurance company's network of providers.

Preferred Provider Organizations (PPOs)
Preferred Provider Organizations (PPOs)

A Medicare PPO Plan is a type of Medicare Advantage Plan (Part C) offered by a private insurance company. In a PPO Plan, you pay less if you use doctors, hospitals, and other health care providers that belong to the plan's network.

source: medicare.gov
image: youtube.com
Related Resources:
Related Resources:

Get a deep understanding on accident insurance to better protect yourself in case of an emergency. View our infographic & video on accident insurance.

Uninsured and Underinsured Motorist Coverage
Uninsured and Underinsured Motorist Coverage

Understand uninsured and underinsured motorist coverage, and uninsured bodily injury: learn how it works, where it is required, what it costs, whether or not you need it and more.

source: insurance.com