What is the Definition of Medigap/Medsup?

What is the Definition of Medigap/Medsup?

Policies that supplement federal insurance benefits particularly for those covered under Medicare.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Medigap/Medsup?

What is the Definition of Medigap/Medsup?

You can find random definition and meaning of insurance terms below:


Meaning of Bodily Injury Liability Coverage in Insurance Terms

Portion of an auto insurance policy that covers injuries the policyholder causes to someone else.


Meaning of Boiler And Machinery Insurance in Insurance Terms

Often called Equipment Breakdown, or Systems Breakdown insurance. Commercial insurance that covers damage caused by the malfunction or breakdown of boilers, and a vast array of other equipment including air conditioners, heating, electrical, telephone and computer systems.


Meaning of Bond in Insurance Terms

A security that obligates the issuer to pay interest at specified intervals and to repay the principal amount of the loan at maturity. In insurance, a form of suretyship. Bonds of various types guarantee a payment or a reimbursement for financial losses resulting from dishonesty, failure to perform and other acts.


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