What Is Master Policy In Health Insurance? 8 Surprising Illnesses Covered!

what is master policy in health insurance

Are you wondering what is master policy in health insurance? When we say a master policy, it is a health insurance contract issued for a particular policyholder, a combination of various policies. In essence, a master policy combines different health insurance policies into one rather than issuing separate policies for every operation or location. Therefore, … Read more

What Is The Legal Significance Of A Material Representation In An Insurance Application? Read These Facts!

what is the legal significance of a material representation in an insurance application

Have you ever wondered what is the legal significance of a material representation in an insurance application? Well, it is the complete list of all important information that insurance companies can consider relevant in taking the next course of action involving your insurance. Transactions with insurance companies require a physically signed contract that states clauses, … Read more

What Is An Insurance Certificate Holder? 3 Important Terms Associated With Insurance

what is an insurance certificate holder

What is an insurance certificate holder? Often, the terms included in an insurance certificate can get confusing. You may not be familiar with this unless you are working in accounting or the purchasing department. Or perhaps, you are overseeing contractors or managing promotional events. Regardless, in an insurance certificate, the insurance policy of a person … Read more