What's the difference between insurance and mutual?

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.

Mutual


Definition:

  • (a.) Reciprocally acting or related; reciprocally receiving and giving; reciprocally given and received; reciprocal; interchanged; as, a mutual love, advantage, assistance, aversion, etc.
  • (a.) Possessed, experienced, or done by two or more persons or things at the same time; common; joint; as, mutual happiness; a mutual effort.

Example Sentences:

  • (1) In Tirana, Francis lauded the mutual respect and trust between Muslims, Catholics and Orthodox Christians in Albania as a "precious gift" and a powerful symbol in today's world.
  • (2) The aortic area (Torlin) for diseased stenotic aortic valves was calculated in 10 patients using two different methods; data obtained in preoperative cardiac catheterization and by intraoperative flowmetric and aortic and left ventricular pressure-recording measurements, and their mutual correlation was tested.
  • (3) This "gender identity movement" has brought together such unlikely collaborators as surgeons, endocrinologists, psychologists, psychiatrists, gynecologists, and research specialists into a mutually rewarding arena.
  • (4) There was a mutually reversible interaction between bicuculline and intrathecal administration of the GABAA agonist, muscimol (8.8 nmol), which alone decreased arterial pressure and heart rate.
  • (5) The significance of the present findings on the mutual suppression of metabolism between benzene and toluene is discussed in relation to solvent toxicology and biological monitoring of exposure to the solvents.
  • (6) However, it should be stressed that none of these mechanisms is mutually exclusive; indeed, the enormous complexity of tumor promotion suggests that several of the mechanisms discussed above may very well be interrelated.
  • (7) In 254 findings of the acid-base balance ions and proteins, the authors evaluated mutual relations between the acid-base balance and calculation from the anion column.
  • (8) There is a mutual interest in keeping prosperity that exists and has built over the years.” But Pisani-Ferry said Macron would certainly not seek to punish Britain.
  • (9) Great morphological variability of Apiosoma is reflected in variability of shape and size of the body and mutual arrangement of micro--and macronucleus.
  • (10) Bostock, who is long thought to have had a tense relationship with chief executive Marc Bolland , is departing by "mutual consent to pursue other interests" on 1 October, when she will also leave the M&S board.
  • (11) As Aesop reminds us at the end of the fable: “Nobody believes a liar, even when he’s telling the truth.” When leaders choose only the facts that suit them, people don’t stop believing in facts – they stop believing in leaders This distrust is both mutual and longstanding, prompting two clear trends in British electoral politics.
  • (12) According to informal private communications, a new joint recommendation on RFR ELs for all countries belonging to the Council of Mutual Economic Cooperation (COMECON) is being developed.
  • (13) Plasmin and elastase may play mutual roles in thrombolysis, inflammation, and tumour invasion and metastasis.
  • (14) A simple equilibrium method for detecting and quantifying these interactions is to study the mutual influence of the molecules on their respective counter-current distribution in liquid-liquid biphasic systems.
  • (15) A cell fractionation procedure is described which allowed, by use of MOPC 21 (P3K) mouse plasmocytoma cells in culture, the separation of the cytoplasmic free and membrane-bound ribosomes in fractions devoid of mutual cross-contamination, and in which the polyribosomal structure was entirely preserved.
  • (16) In The Girl, the relationship moves from Pygmalion to Beauty and the Beast, before curdling into something more mutually destructive, if not downright abusive.
  • (17) "Building societies and other mutual lenders continue to play a dominant role in supporting members of the UK public looking to buy a new home," said Paul Broadhead, head of mortgage policy at the BSA.
  • (18) The 140-year-old mutual, the UK's 12th largest building society, will confirm that it lost £26m last year after risky investments in the property market.
  • (19) It’s called freedom.” 4.25pm GMT Nato has released a statement of solidarity following its meeting called by Poland under Article 4 of the Washington Treaty providing for mutual consultation and support.
  • (20) As the Labour leadership accused the coalition of launching a smear campaign over the party's links with the disgraced chairman, a transcript of an interview with Balls in 2010 showed that he highlighted his role in helped to create Britain's "first ever 'super-mutual'".