A phrase in some reinsurance agreements, usually in the following context “This agreement is considered by the parties hereto as an honorable undertaking, the purpose of which is not to be defeated by a strict or narrow interpretation of the language thereof.”
Insurance Encyclopedia
Honour policies
See: POLICY PROOF OF INTEREST (PPI).
Hope – Senior Citizen Specified Diseases Insurance Policy for Health Insurance
Exclusively designed for Senior Citizen aged 60 years and above, Policy is available for Sum Insured 1 lac, 2 lac, 3 lac, 4 lac and 5 lacs, Covers specified diseases such as accidental injury, knee replacement, cardio vascular, chronic renal failure, cancer, stroke, prostrate, orthopedic, ophthalmic diseases only further subject to maximum liability per disease as specified further subject to Compulsory co-payment of 20% on admissible claim amount, Benefit of continuity extended if already insured with any mediclaim policy of the Company, TPA service available, Cashless Service through TPA only and limited to Rs. 1 lakh.
Horizontal integration
Merger between health care facilities that provides the same level of services (e.g., hospital with outpatient clinic).
Horse Insurance (Blood Stock Insurance)
The cover is in respect of death of race horses either from accident or disease, including the destruction of the animal on humanitarian grounds arising from an accident or disease. The Policy may also be extended to cover death by Fire, lightning, breeding, transit risks etc.
Horticulture Insurance
The crops covered are (i) grape (ii) citrus fruits (oranges, lime and sweet lime), (iii) chikoo (sappotta), (iv) pomegranate (v) banana. The subject matter of Insurance would be fruits in horticultural crops and the perils covered would be Fire, lightning, storm, hailstorm, cyclone, typhoon, tempest, hurricane etc., flood, inundation, riot, strike, terrorism.
hospice
1. Public agency or private organization primarily engaged in providing pain relief, symptom management, counseling, and supportive services to terminally ill patients and their families in their own homes, in a homelike center, or inpatient or outpatient hospital facility. The whole family is considered the unit of care and care extends through their period of mourning. 2. In the Medicare program, when a beneficiary chooses hospice benefits, all other Medicare benefits are discontinued except physician services and treatment of conditions not related to the terminal illness. Hospice care is covered under Medicare Part A (hospital insurance). The eligible beneficiary must have a life expectancy of 6 months or less. 3. Facility, other than a patient’s home, in which palliative and supportive care for terminally ill patients and their families are provided.
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An organization which is primarily designed to provide pain relief, symptom management and supportive services for the terminally ill and their families.
Hospice (Health Insurance)
A health care provider covered by Medicare Part A. Hospice provides care for patients who have a terminal disease and their families, including pain and symptom relief.
Hospice care
Special manner of caring for people who are terminally ill and their families. This care includes home health services, volunteer support, physical care, pain management, and grief counseling. Hospice care is covered under Medicare Part A (hospital insurance). Also called hospice services .
hospice provider
Hospital or home health care agency that may legally offer hospice care.