Miscellaneous Expenses
Hospital charges in addition to room and board. Miscellaneous expenses are covered under a basic hospital plan, with the limits of coverage expressed either as a multiple of the daily hospital benefit for room and board or as a flat dollar amount. Expenses included in the coverage are X-rays, drugs, bandages, operating room expenses, and ambulance services.
Popular Insurance Terms
To accept by a reinsurer, part or all of a risk transferred to it by a primary insurer or another reinsurer. ...
Expenses added to the beginning of a premium payment period. For example, an annuity with a 10% front load would include $10 of expenses for each $100 premium paid. ...
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Combination of coverages from property, liability, health, and life insurance into a single insurance policy from one insurance company. ...
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Feature of pension plans whereby an employee whose service has been interrupted can have that period credited toward retirement. ...
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Base upon which a mortality table is built by beginning with a randomly selected group of people who are alive at the earliest age for which statistics are available on the number of people ...
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