twisting n.— «This would be like canceling a life insurance policy that you have been paying premiums on for 70 years and exchanging it for a brand-new policy. An insurance agent or broker who persuades you to make this switch is guilty...
risk pool n.— «High-risk health insurance plans, also known as risk pools, are state-funded plans and are an important safety net for individuals who are denied health insurance because of a medical condition.» —“Health Insurance for...
swoop and squat v. phr.— «Authorities are taking aim at “swoop and squat” accident scams They call it the “swoop and squat.” A driver pulls in front of another vehicle and slams on the brakes, deliberately causing...
steal-me flag n.— «Since the blue insurance label is a “steal me” flag…you’ll want to take steps to defeat the common scams. Postal crooks like to steal mail by placing their own address label over yours.» —“Re:...
baulk v.— «The guys in the Cadillac were known to him as serial baulkers (as in baulking insurance companies), and they earned a living—sort of—by ploughing their battering-ram Cadi into the soft areas of cars being used by wholly legal...
young invincible n.— «The company is now rolling out Tonik or similar products nationwide, aiming for what it refers to as “young invincibles,” Americans 19 through their early 30s who tend not to have health insurance...