MoneyU Glossary of Terms

MoneyU Glossary of Terms

Browse the glossary using this index

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Health Insurance

Insurance against loss by illness or bodily injury. It provides coverage for medicine, visits to the doctor or ER, hospital stays and other medical expenses. Policies differ in what they cover, the size of the deductible and/or co-payment, limits of coverage and the options for treatment available to the person.

Home Of Record

For a member of the military service, the domicile of the person when he or she entered the service.

HomeownerÔÇÖs Insurance

Insurance that combines liability insurance and hazard insurance. Most mortgage lenders require it.

Homeowners Insurance

Provides property damage and liability coverage under specific circumstances.

Household Income

Income from all sources including wages, commissions, bonuses, alimony, child support, Social Security/retirement benefits, unemployment compensation or disability, dividends and interest. Look at your last federal income tax return for your income sources.