Page 16 - Insurance Glossary 100 Terms - Sashi Publications

Policy Term: The duration for which the

insurance coverage is provided.

Policyholder: The person or entity who owns

the insurance policy.

Portability: Ability to transfer a health

insurance policy from one insurer to another.

Pre-existing Condition: A medical condition

that existed before the start of the insurance

policy.

Premium: The amount paid by the

policyholder to the insurance company for

coverage.