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July 20, 2010  
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Insurance Advisors Terms


  > Professional liability
Often called “malpractice insurance” or “errors and omissions coverage,” these policies protect professionals such as accountants, lawyers, doctors, dentists, pharmacists, insurance brokers and agents, and consultants, for negligence that injures their clients.
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  > Workers' compensation
Most employers are required by law to provide workers' compensation insurance through a state system operated by the Department of Labor & Industries. Worker comp pays an employee's medical expenses and provides some income replacement when a worker is injured on the job.
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  > Preferred Provider Organization (PPO)
PPOs are comparable to indemnity plans, although they require subscribers to choose their health-care providers and health-care facilities from a preferred-provider list. Because the preferred providers have agreed to the plan's requirements, including discounted fees, subscribers have a financial incentive to stay within the network.
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Latest News
  Latest Insurance related news in Pennsylvania and nationwide: Mar 02, 2007 - The Medigap Insurance Company
When you have a Medigap policy, the insurance company must pay your doctor or provider directly when:

  • Your
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    Mar 02, 2007 - Growth In U.S. Health Care Spending Slows
    Despite the slowdown, the share of household personal income spent on health care rose from 5.4 percent in 2001 to 6 perce
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    Jul 14, 2006 - NCUA Issues Interim Rule Amending Share Insurance Coverage
    The NCUA Board has issued an interim final rule amending share insurance to clarify coverage and implement changes require
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