Top 25 Health Insurance Companies in the U.S.

Top 25 Health Insurance Companies in the U.S.

The following is the detail about Top 25 Health Insurance Companies in the U.S. Here is the list of Top 25 Health Insurance Companies in the U.S.

1. Unitedhealth Group
2. Wellpoint Inc. Group
3. Kaiser Foundation Group
4. Humana Group 
5. Aetna Group
6. HCSC Group 
7. Cigna Health Group
8. Highmark Group
9. Coventry Corp. Group
10. HIP Insurance Group
11. Independence Blue Cross Group
12. Blue Cross Blue Shield of New Jersey Group
13. Blue Cross Blue Shield of Michigan Group
14. California Physicians' Service
15. Blue Cross Blue Shield of Florida Group
16. Health Net of California, Inc.
17. Centene Corp. Group
18. Carefirst Inc. Group 
19. Wellcare Group
20. Blue Cross Blue Shield of Massachusetts Group
21. UHC of California
22. Lifetime Healthcare Group
23. Cambia Health Solutions Inc. 
24. Metropolitan Group
25. Molina Healthcare Inc. Group

How many Type of Insurance Policy are there ?

How many Type of Insurance Policy are there ?

There are mainly 5 types of  Insurance policies are there. which are as follow.

1. Term Life Insurance
2. Whole Life Policy
3. Endowment Plans
4. Unit Linked Insurance Plans
5. Money Back Policy

1. Term Life Insurance :

Term Life Insurance

Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term.

2. Whole Life Policy :

Whole Life Policy

Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life," is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date.

3. Endowment Plans:

Endowment Plans

An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out in the case of critical illness.

4. Unit Linked Insurance Plans (ULIP)

Unit Linked Insurance Plans (ULIP)

ULIP is a life insurance product, which provides risk cover for the policy holder along with investment options to invest in any number of qualified investments such as stocks, bonds or mutual funds.

5. Money Back Policy :

Money Back Policy 

A money back plan provides the full sum assured on maturity. This is irrespective of the survival benefits and the amount paid under the same. This works just like any standard life insurance policy where the insured party gets a final assured sum at the end of the policy term

How many Types of Insurance are there ?

There are mainly 7 Types of Insurance are there. Which are as follow :

• Life Insurance or Personal Insurance. 
• Property Insurance. 
• Marine Insurance. 
• Fire Insurance. 
• Liability Insurance. 
• Guarantee Insurance. 
• Social Insurance.

Detail explanation of this above 7 Insurance :

The following is the detail explanations of all this above 7 types of different different Insurances.

1. Life Insurance or Personal Insurance : 

Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person.

2. Property Insurance :

This tornado damage to an Illinois home would be covered as a typical named peril Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, or boiler insurance.

3. Marine Insurance : 

Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which the property is transferred, acquired, or held between the points of origin and the final destination.

4. Fire Insurance :

Fire insurance is property insurance covering damage and losses caused by fire. The purchase of fire insurance in addition to homeowner's or property insurance helps to cover the cost of replacement, repair, or reconstruction of property, above the limit set by the property insurance policy.

5. Liability Insurance :

Liability insurance is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims. It protects the insured in the event he or she is sued for claims that come within the coverage of the insurance policy.

6. Guarantee Insurance :

A type of financial-protection policy that provides cash to a named beneficiary upon the insured's death, which an insurance company will offer to an applicant regardless of health.

7. Social Insurance :

A system of compulsory contribution to enable the provision of state assistance in sickness, unemployment, etc.