H - GLOSSARY - Hazard: A condition or situation that increases the likelihood or severity of a loss. - Health Insurance: A type of coverage that pays for medical and surgical expenses incurred by the insured. - Homeowners Insurance: A form of property insurance that covers losses and damages to an individual's house and assets in the home. - Hospital Indemnity Insurance: A supplemental insurance plan that pays a set amount per day for hospital stays, regardless of other insurance coverage. - Hurricane Deductible: A higher deductible that applies specifically to damage caused by hurricanes, separate from the standard deductible in a homeowners insurance policy.