And thanks to a dispersion that has 2.4 times the fire of diamond, moissanite bends light into mesmerizing rainbow flashes of fireâ¦ more than twice as much as diamond, ruby, emerald, or sapphire. By day and by night, moissaniteâs conspicuous brilliance is spectacular.
DEFINITION of 'Health Insurance'. A type of insurance coverage that pays for medical and surgical expenses that are incurred by the insured.Health insurance can either reimburse the insured for expenses incurred from illness or injury or pay the care provider directly.Health insurance is often included in employer benefit packages as a means of enticing quality employees.ealth insurance can either reimburse the insured for expenses incurred from illness or injury or pay the care provider directly. Health insurance is often included in employer benefit packages as a means of enticing quality employees.
Indemnity is a contractual obligation of one party to compensate the loss occurred to the other party due to the act of the indemnitor or any other party. In contrast, a guarantee is an obligation of one party assuring the other party that guarantor will perform the promise of the third party if it defaults. Indemnities form the basis of many insurance contracts; for example, a car owner may purchase different kinds of insurance as an indemnity for various kinds of loss arising from operation of the car, such as damage to the car itself, or medical expenses following an accident.