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Underinsurance
(redirected from underinsure)

   Also found in: Dictionary/thesaurus, Medical 0.01 sec.
Underinsurance
The state in which one's health insurance or other insurance policy does not provide sufficient benefits. In an extreme example, one may be underinsured if one's policy does not cover cancer. Underinsurance may be deliberate: young persons often underinsure themselves because they are healthy and wish to pay lower premiums. However, some insurers have at times underinsured even those paying higher premiums to save on their own costs.


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Around the UK, the areas most likely to underinsure were the East and West Midlands (32 per cent), Yorkshire and the Humber, Wales and the west of England (29 per cent
Around the UK, the areas most likely to underinsure were the East and West Midlands (32%), Yorkshire and the Humber, Wales and the West of England (29%).
 
 
 
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