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Definition
| the likly hood that something will be lost |
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Definition
| minimizing the chance of loss |
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Definition
| an individual who relies who relies on someone else for finicial support |
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Definition
| a person who owns a policy |
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Definition
| money paid to the insurance company on a regular basis |
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Definition
| the amount you must pay before insurance begins to pay |
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Definition
| pay for covered medical service after treatment is provided |
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Definition
| is a percentage of service cost that patients pay |
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Definition
| a person whos care requires a stay in the hospital |
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Definition
| contract with specific health care providers to deliver services at a reduced cost |
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Definition
| a flat fee the patient must pay |
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Definition
| tax advantaged savings account |
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Definition
| refer to medical services that are not covered |
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Definition
| is an illness or an injury you had before signing up for health care insurance |
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Definition
| a person or organization named by the policy holder to be distributed after the policy holder's death |
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Definition
| provides protection only for a limited time of service |
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Term
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Definition
| provides basic life insurance as long as premiums are paid |
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Definition
| pays the face value of the policy to beneficiaries if the insured dies before the endowment period ends |
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Term
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Definition
| is an estimate of the current value of property |
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Definition
| is a decrease in the value of property as a result of age or wear and tear |
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Definition
| is coverage that protects you when you are responsible for an auto accident that results in injury or death |
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Term
| property damage liability |
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Definition
| protects you when you are responsible for an auto accident |
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Term
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Definition
| eliminates fault finding process in in settling claims |
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