I | MIA

Browse through the alphabet and find the definitions for microinsurance terminology.

A (2) | B (2) | C (21) | D (6) | E (3) | G (1) | I (7) | J (1) | L (3) | M (3) | O (1) | P (8) | R (13) | S (10) | T (3) | U (5) | V (1)

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Income rating Contributions defined as a percent of the insured person’s insurable income. Income-rated contributions are, in general, independent of age, sex, or the number of covered family members. See Contribution rate Induced demand Demand created by physicians who face inelastic demand and so can set both the price and the level of care. This ability to determine their own income is difficult to control, and has great repercussion on health budgets. Insurability A risk is insurable if there is a party willing to accept the risk for an agreed premium, and another party prepared to pay that premium (this means it is solvable). This situation implies that the probability is known, it is free of moral hazard and adverse selection problems, that it is a legal proposition, and that the premium is affordable. Practical problems associated with information availability may render otherwise insurable risks uninsurable. Insurance Insurance is any activity in which a company assumes risk by taking payments (premiums) from individuals or companies and contractually agreeing to pay a stipulated benefit or compensation if certain contingencies (death, accident, illness) occur during a defined period. Insurance penetration Insurance premiums expressed as a percent of national GNI Insurance threshold Insurers typically request that the insured pay the first part of any claim. This is a form of deductible and is used to simplify administration by reducing the number of small claims. Insurer (first line, primary, or ultimate) The company that contracts with the end user for insurance. This may be the ceding insurer if they choose to reinsure.	circleinteractive	Monday, August 2, 2010 - 10:39
Income rating Contributions defined as a percent of the insured person’s insurable income. Income-rated contributions are, in general, independent of age, sex, or the number of covered family members. See Contribution rate Induced demand Demand created by physicians who face inelastic demand and so can set both the price and the level of care. This ability to determine their own income is difficult to control, and has great repercussion on health budgets. Insurability A risk is insurable if there is a party willing to accept the risk for an agreed premium, and another party prepared to pay that premium (this means it is solvable). This situation implies that the probability is known, it is free of moral hazard and adverse selection problems, that it is a legal proposition, and that the premium is affordable. Practical problems associated with information availability may render otherwise insurable risks uninsurable. Insurance Insurance is any activity in which a company assumes risk by taking payments (premiums) from individuals or companies and contractually agreeing to pay a stipulated benefit or compensation if certain contingencies (death, accident, illness) occur during a defined period. Insurance penetration Insurance premiums expressed as a percent of national GNI Insurance threshold Insurers typically request that the insured pay the first part of any claim. This is a form of deductible and is used to simplify administration by reducing the number of small claims. Insurer (first line, primary, or ultimate) The company that contracts with the end user for insurance. This may be the ceding insurer if they choose to reinsure.	circleinteractive	Monday, August 2, 2010 - 10:40
Income rating Contributions defined as a percent of the insured person’s insurable income. Income-rated contributions are, in general, independent of age, sex, or the number of covered family members. See Contribution rate Induced demand Demand created by physicians who face inelastic demand and so can set both the price and the level of care. This ability to determine their own income is difficult to control, and has great repercussion on health budgets. Insurability A risk is insurable if there is a party willing to accept the risk for an agreed premium, and another party prepared to pay that premium (this means it is solvable). This situation implies that the probability is known, it is free of moral hazard and adverse selection problems, that it is a legal proposition, and that the premium is affordable. Practical problems associated with information availability may render otherwise insurable risks uninsurable. Insurance Insurance is any activity in which a company assumes risk by taking payments (premiums) from individuals or companies and contractually agreeing to pay a stipulated benefit or compensation if certain contingencies (death, accident, illness) occur during a defined period. Insurance penetration Insurance premiums expressed as a percent of national GNI Insurance threshold Insurers typically request that the insured pay the first part of any claim. This is a form of deductible and is used to simplify administration by reducing the number of small claims. Insurer (first line, primary, or ultimate) The company that contracts with the end user for insurance. This may be the ceding insurer if they choose to reinsure.	circleinteractive	Monday, August 2, 2010 - 10:40
Income rating Contributions defined as a percent of the insured person’s insurable income. Income-rated contributions are, in general, independent of age, sex, or the number of covered family members. See Contribution rate Induced demand Demand created by physicians who face inelastic demand and so can set both the price and the level of care. This ability to determine their own income is difficult to control, and has great repercussion on health budgets. Insurability A risk is insurable if there is a party willing to accept the risk for an agreed premium, and another party prepared to pay that premium (this means it is solvable). This situation implies that the probability is known, it is free of moral hazard and adverse selection problems, that it is a legal proposition, and that the premium is affordable. Practical problems associated with information availability may render otherwise insurable risks uninsurable. Insurance Insurance is any activity in which a company assumes risk by taking payments (premiums) from individuals or companies and contractually agreeing to pay a stipulated benefit or compensation if certain contingencies (death, accident, illness) occur during a defined period. Insurance penetration Insurance premiums expressed as a percent of national GNI Insurance threshold Insurers typically request that the insured pay the first part of any claim. This is a form of deductible and is used to simplify administration by reducing the number of small claims. Insurer (first line, primary, or ultimate) The company that contracts with the end user for insurance. This may be the ceding insurer if they choose to reinsure.	circleinteractive	Monday, August 2, 2010 - 10:40
Income rating Contributions defined as a percent of the insured person’s insurable income. Income-rated contributions are, in general, independent of age, sex, or the number of covered family members. See Contribution rate Induced demand Demand created by physicians who face inelastic demand and so can set both the price and the level of care. This ability to determine their own income is difficult to control, and has great repercussion on health budgets. Insurability A risk is insurable if there is a party willing to accept the risk for an agreed premium, and another party prepared to pay that premium (this means it is solvable). This situation implies that the probability is known, it is free of moral hazard and adverse selection problems, that it is a legal proposition, and that the premium is affordable. Practical problems associated with information availability may render otherwise insurable risks uninsurable. Insurance Insurance is any activity in which a company assumes risk by taking payments (premiums) from individuals or companies and contractually agreeing to pay a stipulated benefit or compensation if certain contingencies (death, accident, illness) occur during a defined period. Insurance penetration Insurance premiums expressed as a percent of national GNI Insurance threshold Insurers typically request that the insured pay the first part of any claim. This is a form of deductible and is used to simplify administration by reducing the number of small claims. Insurer (first line, primary, or ultimate) The company that contracts with the end user for insurance. This may be the ceding insurer if they choose to reinsure.	circleinteractive	Monday, August 2, 2010 - 10:41
Income rating Contributions defined as a percent of the insured person’s insurable income. Income-rated contributions are, in general, independent of age, sex, or the number of covered family members. See Contribution rate Induced demand Demand created by physicians who face inelastic demand and so can set both the price and the level of care. This ability to determine their own income is difficult to control, and has great repercussion on health budgets. Insurability A risk is insurable if there is a party willing to accept the risk for an agreed premium, and another party prepared to pay that premium (this means it is solvable). This situation implies that the probability is known, it is free of moral hazard and adverse selection problems, that it is a legal proposition, and that the premium is affordable. Practical problems associated with information availability may render otherwise insurable risks uninsurable. Insurance Insurance is any activity in which a company assumes risk by taking payments (premiums) from individuals or companies and contractually agreeing to pay a stipulated benefit or compensation if certain contingencies (death, accident, illness) occur during a defined period. Insurance penetration Insurance premiums expressed as a percent of national GNI Insurance threshold Insurers typically request that the insured pay the first part of any claim. This is a form of deductible and is used to simplify administration by reducing the number of small claims. Insurer (first line, primary, or ultimate) The company that contracts with the end user for insurance. This may be the ceding insurer if they choose to reinsure.	circleinteractive	Monday, August 2, 2010 - 10:41
Income rating Contributions defined as a percent of the insured person’s insurable income. Income-rated contributions are, in general, independent of age, sex, or the number of covered family members. See Contribution rate Induced demand Demand created by physicians who face inelastic demand and so can set both the price and the level of care. This ability to determine their own income is difficult to control, and has great repercussion on health budgets. Insurability A risk is insurable if there is a party willing to accept the risk for an agreed premium, and another party prepared to pay that premium (this means it is solvable). This situation implies that the probability is known, it is free of moral hazard and adverse selection problems, that it is a legal proposition, and that the premium is affordable. Practical problems associated with information availability may render otherwise insurable risks uninsurable. Insurance Insurance is any activity in which a company assumes risk by taking payments (premiums) from individuals or companies and contractually agreeing to pay a stipulated benefit or compensation if certain contingencies (death, accident, illness) occur during a defined period. Insurance penetration Insurance premiums expressed as a percent of national GNI Insurance threshold Insurers typically request that the insured pay the first part of any claim. This is a form of deductible and is used to simplify administration by reducing the number of small claims. Insurer (first line, primary, or ultimate) The company that contracts with the end user for insurance. This may be the ceding insurer if they choose to reinsure.	circleinteractive	Monday, August 2, 2010 - 10:41

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