The Resource Center provides a glossary of insurance terms to help you understand the various insurance wordings that may appear in your quotes, cover notes & policies.
Glossary of Terms
Health Insurance
Life Insurance
Property and Casualty
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Effective Date
The date on which your coverage begins.
Exclusion or limitation
A specific situation, condition or treatment that a health insurance plan does not cover or limits in coverage. This will be stipulated by the insurance Company.
Explanation of Benefits (EOB)
A written or electronic statement which gives details about how a claim was paid by the insurer. It will contain information of what was paid to you and/or the provider, and the portion of the costs you are responsible for.