Definition: The word "insurance blue shield" refers to a type of insurance policy that provides coverage for certain types of risks, such as medical care or property damage. It is typically provided by an insurer and includes a deductible, which is the percentage of the total premium paid upfront before the insurer takes over the risk of payment.
Here are some more detailed definitions of what "insurance blue shield" means:
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Definition 1:
This refers to a type of insurance policy that provides coverage for medical expenses related to injuries or illnesses. The specific costs and duration of coverage can vary, but most policies include a deductible which is a percentage of the premium paid upfront before the insurer takes over the risk of payment.
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Definition 2:
An "insurance blue shield" could be a type of policy that provides coverage for home or car damage, along with certain types of property damage. In this case, the specific costs and duration of coverage can vary, but most policies include a deductible which is a percentage of the premium paid upfront before the insurer takes over the risk of payment.
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Definition 3:
Insurance blue shield might also refer to a type of insurance that provides protection for loss caused by natural disasters or acts of terrorism. Policies may have additional exclusions and limits, such as coverage for property damage caused by earthquakes or hurricanes.
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Definition 4:
An "insurance blue shield" could be a type of policy that provides coverage for medical treatment for injuries sustained during or following an accident. The specific costs and duration of coverage can vary, but most policies include a deductible which is a percentage of the premium paid upfront before the insurer takes over the risk of payment.
It's important to note that insurance blue shield policies may differ in terms of coverage, cost structure, deductibles, and other terms based on the specific policy under discussion. It is always best to review your insurance policy carefully to understand all the details.
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