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Chp.10
chp.10 voc
22
Computer Networking
12th Grade
05/14/2012
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Term
risk
 Definition
a measure of the likelihood that something will be lost
Term
risk management
 Definition
the process of measuring risk and finding ways to minimize or maintain age loss.
Term
dependent
 Definition
an individual who relies on someone esle for financial support.
Term
policy holder
 Definition
a person who owns an insurance policy.
Term
premium
 Definition
amount of money paid to an insurance company for a policy on regular basis.
Term
deductible
 Definition
Term
fee-for-service
 Definition
Term
coinsurance
 Definition
Term
inpatient
 Definition
Term
managed care plan
 Definition
Term
co-payment
 Definition
Term
health savings account
 Definition
Term
exclusion
 Definition
Term
preexisting condition
 Definition
Term
beneficiary
 Definition
Term
term life insurance
 Definition
Term
whole life insurance
 Definition
Term
endowment insurance
 Definition
Term
appraisal
 Definition
Term
bodily injury liability
 Definition
Term
property damage liability
 Definition
coverage that protects aperson if something happens to their property.
Term
no-fault auto insurance
 Definition
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