Glossary of Hebrew Insurance Terms
Bituach Leumi - Israel’s National Insurance Institute
Kupat Cholim - Israel’s private health funds - there are 4 main ones - which all Israeli citizens are entitled to join.
Siudit - Long-term nursing care
Bituach Chova - Compulsory Motor
Insurance
Bituach Makif - Comprehensive Motor
Insurance
Tzad Gimmel - Third Party Motor Insurance
Bituach Mashkanta - Mortgage Insurance - this is required by all mortgage providers and includes life and property insurance.
Bituach Minhalim - Employer’s Insurance - this is a social benefit which protects the employer’s legal requirements to his/her workers and also gives the worker life insurance and pension benefits.
Kupot Gemel - Pension funds