Ontario Health Insurance Plan — The Ontario Health Insurance Plan (in French: Assurance santé de l Ontario, and commonly known in both languages by the acronym OHIP, pronounced oh hip ) is the government run health insurance plan for the Canadian province of Ontario. OHIP is… … Wikipedia
Unit Linked Insurance Plan - ULIP — A type of insurance vehicle in which the policyholder purchases units at their net asset values and also makes contributions toward another investment vehicle. Unit linked insurance plans allow for the coverage of an insurance policy, and provide … Investment dictionary
Provincial Parental Insurance Plan - PPIP — A Canadian tax deduction relating to taxes that are paid or payable on regular or self employed income. The Provincial Parental Insurance Plan (PPIP) gives maternity, paternity, parental and adoption benefits to qualified persons. This aid is to… … Investment dictionary
Unit Linked Insurance Plan — For the school ULIP, see University of London Institute in Paris Unit Linked Insurance Plan (ULIP) provides for life insurance where the policy value at any time varies according to the value of the underlying assets at the time. ULIP is life… … Wikipedia
health insurance plan — UK US noun [C] INSURANCE ► HEALTH PLAN(Cf. ↑health plan) … Financial and business terms
Charitable Split-Dollar Insurance Plan — Identical to a standard split dollar insurance plan, except that a charity, instead of an employer, owns the life insurance policy. Charitable split dollar insurance plans pay death benefit proceeds to the beneficiaries of the donor, just as… … Investment dictionary
Group Health Insurance Plan — An insurance plan that provides healthcare coverage to a select group of people. Group health insurance plans are one of the major benefits offered by many employers. These plans are generally uniform in nature, offering the same benefits to all… … Investment dictionary
insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… … Universalium
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed upon sum to the insured in the event of loss. Bloomberg Financial Dictionary * * * insurance in‧sur‧ance [ɪnˈʆʊərəns ǁ… … Financial and business terms