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Insurance Glossary

Insurance Glossary

Glossary: N

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

Net Cash Surrender Value:The cash surrender value less any outstanding loans and/or surrender charges.

Network:A group of doctors, hospitals and other health care providers contracted to provide services to insurance companies customers for less than their usual fees. Provider networks can cover a large geographic market or a wide range of health care services. Insured individuals typically pay less for using a network provider.

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