Insurance Glossary

Insurance Glossary

Glossary: E

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Effective Date: The date your insurance is to actually begin. You are not covered until the policies effective date.

Exclusions: Medical services that are not covered by an individual's insurance policy.

Explanation of Benefits: The insurance company's written explanation of a claim, showing what they paid and what the individual must pay. Sometimes accompanied by a benefits check.