FT MarketWatch

Major medical insurance

Insurance that covers most serious medical expenses up to a maximum limit, usually after a Deductible and Coinsurance have been met.

Related Terms: 5 Coinsurance, Cover, Deductible, Expense, Insurance
Other Related Pages: Category: Insurance Starting With: M
Additional Related Terms: Accrued expense, After-tax basis, At par, All or any part, At best, At call, Adjustable life insurance, All-risks coverage, At risk, Action to quiet title