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One can also view being insured for at least catastrophic health care a civic responsibility, as is the case in most other industrialized nations, including freedom-loving Switzerland.
But around that time, I got the renewal letter for the homeowner's insurance on our house in Connecticut and was shocked to see that it was being insured for a value 14 percent higher than we paid in 2008.
Being insured for at least nine months a year fulfills the mandate.
An additional criterion was being insured for the whole matching calendar year.
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The work was insured for $3 million, and the insurance company paid in full.
In addition, all employees must be insured for work-related disability; this additional NI insurance premium is paid by employers.
"I know it's unusual for the insurance guy to say this, but they may be insured for too much," said Mr. Fiske.
HIPAA further prohibits discrimination against patients by insurers for pre-existing conditions if the patient has been insured for at least 18 months.
However, not a single region came near the insurance industry's rule-of-thumb that people generally should be insured for seven times annual income.
The objects are insured for $650 million.
Ms. Hart's legs were insured for $1 million.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com