Life insurance issued to an individual person. Also called ordinary life insurance and whole life insurance .

Individual and his or her dependents who do not have group health insurance and may be insured under an individual plan.

Single type of membership in a managed care plan or insurance program in which one person is insured. Other types are family membership and group membership.

Health insurance policy purchased by an individual or family.

Type of retirement plan used for small groups and administered by trustees who are authorized to buy individual level premium policies or annuity contracts for each member of the plan. Usually the policies offer life insurance and retirement benefits.

Infrequently seen state program in which physicians accept all patients but refuse to accept reimbursement from any third party, private or government. The provider directly bills the patient and the patient applies to the insurance company for reimbursement.

Tax-deferred monies set aside for retirement in an approved account that allows individuals to make pretax contributions. Contributions and investment earnings are taxable as income when paid out of the account. IRAs can be established through financial institutions such as insurance companies and stock brokerages. Also see Section 408(k) of the Internal Revenue Code .