Sentence examples for function as insurance from inspiring English sources

This would also allow it to function as insurance for financial institutions funded by the industry itself.

At the time, investors could bet against bonds of corporations through credit-default swaps -- contracts that function as insurance policies that pay off in the event of default.

And while they perform the same function as an insurance policy, they are not insurance in the conventional sense, so insurance regulators do not monitor them either.

If that happens, Geeslin warned, "insurance will stop functioning as insurance".Mr Thoma seems to share the LA Times author's opinion that this is a bad thing:But the big change is the ability of insurance companies to assess risk at the individual level to a greater degree than ever before.

Already, most insurance companies barely function as insurers.

Medicare would no longer function as an insurance program that directly pays medical bills for seniors.

Such networks, designed to function as online insurance markets where consumers can shop for private coverage at federally subsidized rates, are an integral provision of the act, a centerpiece of Mr. Obama's first term in office.

There was high awareness of health insurance schemes but limited knowledge of how health insurance functions as well as understanding of key concepts related to income and risk cross-subsidization.

A1 In 2000, Citigroup created a type of security that functioned as an insurance policy and shielded it from losses if Enron ran into trouble.

The jurisdiction of these tribunals is of a specialized and narrowly circumscribed character and relates to such functions as social insurance and social assistance, the National Health Service, rent control, assessment of property for local taxation, the compulsory acquisition of land by public authorities, and the registration of children's homes.

This means that employers can use the platform to manage a range of HR functions as well, beyond simply onboarding employees into group health insurance policies and offering payroll administration.