1. Type of life insurance that pays a specific sum of money on the death of the insured within a covered period or at the end of the covered period if the person is still alive. If the insured dies before the maturity date, payment is made to a beneficiary of the policy. 2. A type of life insurance policy in which the cash value and face value are equal to each other at the policy’s maturity date.
***
UK: A life insurance policy under which the sum insured is payable on the sooner of death or expiry of a given term of years. The policy combines savings with life protection and can be used to repay mortgages and other loans. The policy generally acquires a surrender value and loan value after a period of time. The policy can be with ‘with’ or ‘without profits’. See HOUSE PURCHASE SCHEMES.

System component or element that removes hazards from the workplace (e.g., sharps containers, self-sheathing needles, no-splash Vacutainer tops).

Additional, mandatory, and optional supplemental insurance benefits.

Life insurance policy in which part of each dividend provides paid-up additions, and the other part gives 1-year term insurance to produce a predetermined total death benefit.

To join a health insurance plan.

Pension actuary who meets the standards of and is enrolled by the federal agency known as the Joint Board for the Enrollment of Actuaries .

Eligible individuals under a member’s family coverage who have applied and been accepted for membership in a health insurance plan (i.e., spouse and children of the insured). Under some insurance policies, parents, other family members, and domestic partners may be insured as dependents.

Individuals with the same employer or members of an association who are enrolled together in an insurance health plan. Also called contract group .

1. Person eligible for service as either a subscriber or a dependent of an insurance plan. 2. Individual or employer who becomes a member or subscribes to a health insurance plan or program. Also called beneficiary, enrolled patient, insured, member, policyholder, policy owner , or subscriber .