What's the difference between broker and insurance?

Broker


Definition:

  • (v. t.) One who transacts business for another; an agent.
  • (v. t.) An agent employed to effect bargains and contracts, as a middleman or negotiator, between other persons, for a compensation commonly called brokerage. He takes no possession, as broker, of the subject matter of the negotiation. He generally contracts in the names of those who employ him, and not in his own.
  • (v. t.) A dealer in money, notes, bills of exchange, etc.
  • (v. t.) A dealer in secondhand goods.
  • (v. t.) A pimp or procurer.

Example Sentences:

  • (1) Philip Shaw, chief economist at broker Investec, expects CPI to hit 5.1%, just shy of the 5.2% reached in September 2008, as the utility hikes alone add 0.4% to inflation.
  • (2) The big worry here is: even if the data broker reports aggregate data, a) it has this information on an individual level – how else might it use it?
  • (3) Access to besieged areas was a condition of a truce brokered earlier this year by the US and Russia , but the Syrian government has continued to ignore requests for aid deliveries, humanitarian officials say.
  • (4) But Ray Boulger of mortgage broker John Charcol says that because his parents are prepared to lend him another £40,000, not only can he look for a more expensive property, but he will also be able to apply for a much cheaper mortgage based on 80% LTV.
  • (5) Things only got worse in 1998 when Russia defaulted on its loans: the people of this area once again lost what little they had saved, and the oligarchs just got richer, in yet more deals that Russians perceived, with some justification, to have been brokered by the west.
  • (6) The parents should not be expected to be the "brokers" for various specialty services.
  • (7) The UN-brokered deal comes ahead of next month’s peace talks in Vienna, aimed at resolving the five-year crisis.
  • (8) Locally brokered ceasefires have taken effect elsewhere in Syria in recent months, notably in the Moadimeyah district of Damascus, which was also once a hub of opposition control.
  • (9) Combining the data from cutaneous malignant melanoma over both sexes and both registries the occupations with the highest incidence ratios (expressed as a percentage) were: airline pilots, incidence ratio (IR) = 273, (95% confidence limits 118-538); finance and insurance brokers IR = 245 (140-398); professional accountants IR = 208 (134-307); dentists IR = 207 (133-309); inspectors and supervisors in transport IR = 206 (133-304); pharmacists IR = 198 (115-318); professionals not elsewhere classified IR = 196 (155-243); judges IR = 196 (126-289); doctors IR = 188 (140-248); university teachers IR = 188 (110-302); and chemists IR = 188 (111-296).
  • (10) Less remarked on was the fact that a deadline for Iran to accept a UN-brokered deal passed on Thursday and raised the prospect of a fresh round of sanctions against Tehran.
  • (11) A lot of the problems hark back to these unscrupulous brokers who didn’t have any real interest in education.
  • (12) The role of the assertive community treatment worker begins with the identification and engagement of appropriate consumers; proceeds to the development and implementation of practical intervention plans; includes home visiting, in-the-field skill development, and resource brokering, with an emphasis on concrete problem solving; includes close collaboration with inpatient workers and families; and entails the assumption of ultimate professional responsibility for the consumers' well-being.
  • (13) And the timing was unfortunate – just as the last round of US-brokered peace talks was on the brink of collapse – even though the project had begun long before.
  • (14) Funding to private training colleges frozen and Medicare safety net changes shelved Read more “One thing that I think is important is the future of brokers and agents,” he told Guardian Australia.
  • (15) The relationship will take a similar form to that brokered by the Independent late last year to share back office functions to save millions in costs.
  • (16) In 2000, the two sides brokered a deal through the mediation of the UK and US governments and the human genome was put in the public domain.
  • (17) The dentist's role in the information society is described as an information broker between the dental science and the public, the patients.
  • (18) Eight out of 10 mortgage brokers say they have had to reject customers in the past six months, according to figures from the Intermediary Mortgage Lending Association.
  • (19) The war has dragged on despite efforts by a UN mediator to broker a peace deal.
  • (20) Blair then acted as an "honest broker" between the two to rekindle the deal, the court heard.

Insurance


Definition:

  • (n.) The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or guarantee another against loss by certain specified risks. Cf. Assurance, n., 6.
  • (n.) The premium paid for insuring property or life.
  • (n.) The sum for which life or property is insured.
  • (n.) A guaranty, security, or pledge; assurance.

Example Sentences:

  • (1) Further development of drug formulary concept was discussed, primarily for the drugs paid by the Health Insurance, as well as the unsatisfactory ADR reporting in Yugoslavia.
  • (2) Senator Bernie Sanders of Vermont, who is also seeking the Democratic presidential nomination, recently proposed a bill that would ease the financial burden of prescription drugs on elderly Americans by allowing Medicare, the national social health insurance program, to negotiate with the pharmaceutical companies to keep prices down.
  • (3) The direct monocyte source is not sufficient to insure the stability of this population.
  • (4) Obamacare price hikes show that now is the time to be bold | Celine Gounder Read more No longer able to keep patients off their plans outright, insurers have resorted to other ways to discriminate and avoid paying for necessary treatments.
  • (5) Most survivors reported a range of problems that they attributed to having had cancer: 35%, proven or perceived infertility; 24%, sexual problems; 31%, health and life insurance problems; 26%, a negative socioeconomic effect; and 51%, conditioned nausea, associated with visual or olfactory reminders of chemotherapy.
  • (6) They derive from publications of the National Insurance Institute for Occupational Accidents (INAIL) and refer to the Italian and Umbrian situation.
  • (7) Initial analysis suggests that about one-fifth of gross costs would be directly returned to the public purse via income tax and national insurance payments.
  • (8) The industry will pay a levy of £180m a year, or the equivalent of £10.50 a year on all household insurance policies.
  • (9) The author describes the utilization review process, utilization patterns, and service cost of the Mental Health Service of the Health Insurance Plan of Greater New York (HIP).
  • (10) The four most common types of insurance that protect your income are income protection insurance, critical illness cover, life insurance, and payment protection insurance.
  • (11) Whereas 87% of U.S. physicians supported private fee-for-service health care, 85% of Canadian physicians supported government-funded national health insurance.
  • (12) When I eventually get hold of a human at Uber, I am told the only insurance cover is up to $1m to cover “bodily injury or property damage to third parties where the claim arises out of UberEats and UberRush operations”.
  • (13) The use of accounting software expands the use of in-office computers to areas beyond professional billing and insurance form generation.
  • (14) In a 2013 Politifact interview , the author of the Urban Institute study, Stan Dorn, said: “It makes sense that as time goes by … health insurance coverage has greater impact on health outcomes.” The specific numbers might be hard to agree upon, and even harder to forecast if the Republican bill is passed.
  • (15) Requesting physicians explicitly identified "no money" or "no insurance" as the primary reason for transfer in 89 per cent of 164 cases in which these data were recorded.
  • (16) Relief on contributions, national insurance, tax-exempt lump sums and others amounts to a phenomenal £48.4bn a year.
  • (17) As part of the plan, the treasury and the Federal Deposit Insurance Corporation will guarantee against the "possibility of unusually large losses" on up to $306bn of risky loans and securities backed by commercial and residential mortgages.
  • (18) In March-May 1988, we collected data on enrollment of 1,445 Army families with grade school children in the Active Duty Dependents Dental Insurance Plan at two Army posts.
  • (19) The studies are conducted on members of a prepaid medical insurance plan, and reside in the Oakland area of California, USA.
  • (20) Insurance claims for medical services submitted on behalf of a group of workers in the construction industry were collected over a 20-month period.