Health insurance

Health insurance

Great Western Hospital, Swindon

Health insurance policies issued by publicly-funded health programs, such as the UK's National Health Service will cover the cost of medical treatments. Dental insurance, like medical insurance, protects policyholders for dental costs. In the U.S. and Canada, dental insurance is often part of an employer's benefits package, along with health insurance.

Funeral insurance

Funeral insurance is a very old type of health insurance which is payed out upon death to cover expenses of the insuree. The and introduced funeral insurance circa 600 AD when they organized called "benevolent societies" which cared for the surviving families and paid funeral expenses of members upon death. Guilds in the served a similar purpose.

Accident, sickness and unemployment insurance

Workers' compensation, or employers' liability insurance, is compulsory in some countries

• Disability insurance policies provide financial support in the event of the policyholder becoming unable to work because of disabling illness or injury. It provides monthly support to help pay such obligations as mortgage loans and credit cards. Short-term and long-term disability policies are available to individuals, but considering the expense, long-term policies are generally obtained only by those with at least six-figure incomes, such as doctors, lawyers, etc. Short-term disability insurance covers a person for a period typically up to six months, paying a stipend each month to cover medical bills and other necessities.
• Long-term disability insurance covers an individual's expenses for the long term, up until such time as they are considered permanently disabled and thereafter. Insurance companies will often try to encourage the person back into employment in preference to and before declaring them unable to work at all and therefore totally disabled.
• allows business owners to cover the overhead expenses of their business while they are unable to work.
• provides benefits when a person is permanently disabled and can no longer work in their profession, often taken as an adjunct to life insurance.
• insurance replaces all or part of a worker's lost and accompanying medical expenses incurred because of a job-related injury.