Definitions
Term Definition
Malpractice Insurance
Professional liability coverage for physicians, lawyers, and other...See Full Definition
Managed Care
Arrangement between an employer or insurer and selected...See Full Definition
Marine Insurance
Coverage for goods in transit, and for the...See Full Definition
Mature Driver Discount
Some companies give credits for drivers over the...See Full Definition
Maturity Date
For endowment in insurance, the date on which...See Full Definition
McCarran-Ferguson Act
Federal law signed in 1945 in which Congress...See Full Definition
Mediation
Nonbinding procedure in which a third party attempts...See Full Definition
Medicaid
A federal/state public assistance program created in 1965...See Full Definition
Medical Expense Coverage
If you and your passengers are injured as...See Full Definition
Medical Information Bureau - (MIB)
A nonprofit organization established to provide information to...See Full Definition
Medical Payment Coverage
Insurance coverage that pays for damages sustained to...See Full Definition
Medical Payments Insurance
A coverage in which the insurer agrees to...See Full Definition
Medical Utilization Review
The practice used by insurance companies to review...See Full Definition
Medicare
Federal program for people 65 or older that...See Full Definition
Medigap
Policies that supplement federal insurance benefits particularly for...See Full Definition
