Acute Illness	An illness that is curable, i.e the illness can be treated to a point where you are returned to your medical health condition prior to the illness occurring.
Acute Phase	A phase where a chronic condition deteriorates and requires acute treatment to restore your health to the condition (though with a chronic illness still present) that it was prior to the acute phase.
Chronic condition	A condition that cannot be cured and will remain as a feature of your medical health, i.e Asthma. Chronic conditions can have acute phases. Cancer is not considered chronic by medical insurers.
Cover	The specific type of indemnifying that a policy offers
Eligible	Valid under the terms and conditions of the policy
Generic	Terminology used to describe the whole market availability, not a specific insurer.
Indemnifying	Covering the policyholder for costs associated with eligible treatment required
Insurer	A company that underwrites and provides cover for the holder of PMI
Patient	A person receiving treatment
PMI	Private Medical Insurance, a generic term used in the industry for medical expenses insurance.
Policy	The term used for the contract that provides the cover
Policyholder	The person who holds a policy
Pre-Existing Conditions	A medical condition that is present before a policy is taken out
Risk	Term used to describe the level of commitment of indemnifying a policyholder against their medical treatment needs.
Terms and Conditions	Contained within the policy wording and specifies exactly what the policy covers
Treatment	The actual medical assistance, etc received by a patient
Underwrites	A method of controlling the risk associated with covering pre-existing conditions