Health Insurance Glossary

Master Policy

The group insurance policy that explains coverage to all members of the group.

Medical Necessity

Medical information justifying that the service rendered or item provided is reasonable and appropriate for the diagnosis or treatment of a medical condition or illness.

Medically Necessary

Many insurance policies will pay only for treatment that is deemed "medically necessary" to restore a person's health. For instance, many health insurance policies will not cover routine physical exams or plastic surgery for cosmetic purposes.


Lying or misleading an insurance company about the facts affecting a policy. Misrepresentation is grounds for voiding a policy.


A mathematical representation of the occurrence of illnesses to a specific classification of people.

Contact Information

Medical Insurance Consultants
Park House
45 The Park
BA20 1DF

T: 0800 163 870
E: [email protected]

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Medical Insurance Consultants Ltd is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference 309026.

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