Phoenix's perpetual sunshine might tempt you to find a secluded resort and spend all your days sipping margaritas next to the swimming pool. Don't give in. Exploring our city and finding things to do in Phoenix's desert horizons will broaden yours.
A health insurance guarantor is the person or entity legally responsible for the remaining payment for health care services after insurance has payed. Usually adults are their own guarantors except in cases of Worker's Compensation claims or accidents caused by a third party.
What is a 'Guarantor'. A guarantor is a person who guarantees to pay for someone else's debt if he or she should default on a loan obligation. A guarantor acts as a co-signor of sorts, in that they pledge their own assets or services if a situation arises in which the original debtor cannot perform their obligations. Next Up.