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Some useful information about insurances, policies and programs:

When a person insures their life they do so knowing that one day they will die. Therefore a policy that covers death is assured to make a payment. The policy offers assurance on death; even if the policy has a prescribed termination date the policy is still assured to pay on death and therefore is an assurance policy. Examples include Term Assurance and Whole Life Assurance. An accidental death policy is not assured to pay on death as the life insured may not die through an accident, therefore it is an insurance policy.

If you join the U.S. Health Insurance Pool and are not HIPAA eligible, you may face a pre-existing condition exclusion period.



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