Understand what a Master Policy is in the context of general insurance, including group insurance policies for employees and property insurance contracts.
Discover what maturity value in life insurance means and how it affects the total amount paid to policyholders at the end of an endowment or after reaching a specified age.
Discover everything about the Maximum Allowable Cost List in health insurance, a critical component that bases prescription reimbursement on generic drug costs.
Learn about Medicaid, a state-administered healthcare program funded by the federal government, designed to assist individuals who meet specific income and eligibility requirements in covering medical expenses.
Learn about Medical Payments Insurance, an optional coverage in vehicle and liability insurance policies that covers health care costs regardless of fault.
Learn about Medicare supplement insurance, an essential adjunct that helps cover deductibles and co-payments not covered by Medicare. Explore how it works, what it covers, and how to choose the right plan for you.
Understand the concept of a minimum retrospective premium in liability insurance and workers compensation, which is the smallest amount payable by the insured under a retrospective rating plan.
Learn about the Modified Fee for Service model in health insurance, where reimbursements for actual procedure costs are made up to a specific maximum. Understand its impact on healthcare payments.
Understand the Money Purchase Benefit Formula for pensions, featuring fixed contributions from both employees and employers based on salary.
Discover what Monthly Debit Ordinary (MDO) policies entail in the context of life insurance. Learn how MDO premiums are collected and its similarities to industrial policies.
Discover how the Mortgage Holders Errors and Omissions Coverage Form protects mortgage holders from losses due to errors or omissions in commercial property insurance.
Learn about Multi Peril Crop Insurance, which offers coverage for crop loss due to weather conditions, insects, floods, and other named perils to safeguard your agricultural investments.
Discover how mutual atomic energy reinsurance pools work in liability insurance, focusing on coverage for private nuclear energy reactors. Learn the specifics of this specialized insurance type.
Learn about Mutual Benefit Association in general insurance, where members receive benefits through assessments instead of regular premiums.
Explore the definition of a mutual insurer, an incorporated insurer that operates for the benefit of its policyholders, offering them dividends without incorporated capital.
Learn about mysterious disappearance coverage in insurance, explaining how it differs from named perils like robbery and its implications for property disappearance cases that remain unexplained.
Learn about managed health care plans, including how they involve multiple providers sharing financial risks and provisioning medical care services.
Learn about Manufacturers Output Policy—a comprehensive insurance cover for a manufacturer’s personal property while it is away from the premises. Get insights into how this unique insurance policy works and its significance in providing protection against various perils during off-site processing.
Learn about manuscript policies in general insurance, including their unique coverages and conditions, and how they cater to larger accounts in compliance with state laws.
Learn about market conduct in the insurance industry, encompassing sales, marketing, and product issuance, ensuring compliance with laws and regulations.
Learn about the maturity date in life insurance policies where the face value is payable upon the insured's death or at the end of the term.
Learn about Medical Savings Accounts (MSAs) in health insurance, which are funded by employer contributions. Discover how employees can use these accounts for medical expenses and potential cash withdrawals.
Discover the concept of Member Month in health insurance, a metric indicating the amount of participants considered members each month. Learn its significance in health insurance policies and regulations.
Learn about mental health providers in health insurance, including social workers, psychologists, and psychiatrists who meet federal and state requirements to offer mental health care.
