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reinsurance
(redirected from Stop Loss Insurance)

   Also found in: Medical, Legal, Financial, Wikipedia 0.01 sec.
re·in·sure  (rn-shr)
tr.v. re·in·sured, re·in·sur·ing, re·in·sures
To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company.

rein·surance n.
rein·surer n.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.reinsurance - sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured; "reinsurance enables a client to get coverage that would be too great for any one company to assume"
insurance - promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
Translations
reinsurance [ˈriːɪnˈʃʊərəns] Nreaseguro m
reinsurance


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Because ULL provides an extensive array of Stop Loss Insurance coverage, including broad Stop Loss coverage for medical, prescription, dental and vision all under one policy and prescription only Stop Loss, removal of limits is a very significant change not only for ULL but also for their client Taft-Hartley Fund Plans, municipality customers and single employers.
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Stop loss insurance is designed to protect employers' self-funded health plans from the financial impact of catastrophic claims.
 
 
 
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