A contract between an insurance company and an insured person.

A POLICY THAT PROVIDES COVERAGE AGAINST LOSSES DUE TO SICKNESS OR BODILY INJURY. USUALLY THIS POLICY HAS A FRONT DEDUCTIBLE THAT IS THE RESPONSIBILITY OF THE INSURED TO PAY THEN A PERCENTAGE USUALLY 80% IS PAID BY THE INSURANCE COMPANY WITH THE REMAINING 20% THE RESPONSIBILITY OF THE INSURED.

Policies that provide protection to the policyholder and/or his or her family. Sometimes called Personal Insurance as distinct from group and blanket insurance.

A policy that provides protection to you and/or your family members. This is also referred to as the "individual market."

Health insurance coverage on an individual, not group, basis. The premium is usually higher for individual health insurance than for a group policy, but you may not qualify for a group plan.