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Definition
| refers to how you deal with the chance of a potention personal or financial loss. |
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| a means of guaranteeing your financial protection against various risks. |
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Definition
| a written contracts detailing what an insurance company will cover, how much it will pay & how much you will pay. |
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Definition
| the amount you pay for an insurance policy. |
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Definition
| maximum amount the insurance company will pay if you file a claim. |
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Definition
| amount of a loss you must pay out of your own pocket before the insurance company will step in and pay the rest. |
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| What matters in the price of auto insurance? |
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Definition
| age, gender, marital status, type of car, how often you use a car, location, driving record, claim record, and credit history. |
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Definition
| pays medical bills when you or your family becomes sick or injured. |
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Definition
| protects your possessions such as clothes, furniture, electronics, applicances, and computers. |
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Definition
| provides financial support for the people who depend on you in the event of your untimely death. |
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Definition
| protects your earning power. |
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Definition
| protects you in case you are legally responsible for unintentionally injuring someone or damaging another's property. |
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Definition
| provides you with basics. |
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