Some useful insurance and InsuredHQ terms.


This is the cost of the insurance policy. Depending on the type of cover, the premium includes the sum payable to the insurance company (or reinsurer in the event of reinsurance premium) and then any other levies, charges and taxes as applicable.

InsuredHQ manages all of these financial transactions and produces creditor reports or accounts payable at the end of each month for processing payments.

Period of cover   |   Policy   |   Pre-existing medical condition   |   Premium