Medical Information Bureau (mib),
Medical Information Bureau (mib) Definition:
In the context of life and health insurance, MIB is a private organization that provides insurers with medical information about applicants.
Association of more than 500 life insurance companies in the United States and Canada providing database and information management services in the financial services industry. Organized in 1902, MIB's Oliner Fraud Protection Service protects insurance companies, policyholders and beneficiaries from attempts to conceal or disclose material information for a healthy and fair membership of life, health and disability insurance. Long-term care is needed. . The reasonable price of an insurance product depends heavily on accurate risk assessment, rating and selection. These factors are determined by ensuring the accuracy of the medical information provided in the insurance application submitted to the individual to insure. Visit MIB on the web ...
You can define Medical Information Bureau (mib) as,
Used by life insurance companies to review your medical history and provide insurers with a clear picture of your health. The insurer uses the information provided by the Office of Medical Information to verify that you are completely honest with your claim.
A non-profit group of life insurance companies that prevents fraud by alerting member companies to potential problems.
Literal Meanings of Medical Information Bureau (mib)
Meanings of Medical:
Medical science or the treatment of diseases and wounds.
Sentences of Medical
Synonyms of Medical
Meanings of Information:
Learned about a fact or something else.
What is reached or represented by a particular arrangement or arrangement of things.
Sentences of Information
Genetic transmission information
Synonyms of Information
data, facts, particulars, statistics, figures, details
Meanings of Bureau:
An office or department that handles certain things. A government department.
Sentences of Bureau
The rest of the furniture, tables, bedside tables and chairs are the same.
Synonyms of Bureau
firm, agency, company, service, cupboard, organization, bureau, concern, business, chiffonier, cabinet, sideboard, operation, office