Global Industry Guide
Your guide to the global insurance industry.
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Glossary: B
BEST INTERNATIONAL HEALTH INSURANCE:
The best international health insurance will depend on the individual circumstances. The best international health insurance provider for senior executives working in Hong Kong is unlikely to be the best provider for war correspondents in Iraq for example.
BENEFICIARY:
A person, organisation or estate that receives, or may become eligible to receive, benefits from a will, insurance policy, retirement plan or other contract.
BROKER:
An individual or firm that acts as an intermediary between a buyer and seller, usually charging commission or a fee. Insurance brokers arrange cover on behalf of their clients and represent the interests of the policyholder.
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