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Definition
| is a measure of the likeihood that something will be lost |
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Term
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Definition
| is the process of measuring risk and fing=ding ways to minimze or manage loss |
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Term
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Definition
| is an individual who relies on someone else for financial support such as a child a spouse or an elderly |
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Term
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Definition
| when you buy an insurance policy |
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Term
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Definition
| the amount of money you pay |
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Term
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Definition
| is the amount you must pay before insurance begins to pay |
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Term
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Definition
| pay for covered medical services after treatment is provided |
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Term
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Definition
| is a percentage of the service cost that patients pay |
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Term
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Definition
| is a person whose care requires a stay in a hospital |
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Term
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Definition
| contract with specific doctors, hospitals, and other health provieders to deliver medical services and preventive care to members at reduced cost |
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Term
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Definition
| is a flat fee the paitent must pay for medical sevices |
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Term
| health savings account (hsa) |
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Definition
| is a tax-advantaged savings account available to people enrolled in quality hdhp |
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Term
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Definition
| refer to medical sevices that are not covered |
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Term
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Definition
| is an illness or an injury you had before sining up for health care insurance |
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Term
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Definition
| is a person of organization named by the poicy holder to recive assests after the policyholder |
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Term
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Definition
| provides protection only for a specific period of time |
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Term
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Definition
| provides basic lifeterm protction so long as premiums are paid |
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Term
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Definition
| pays the face values of the policy to beneficaries |
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Term
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Definition
| is an estimate of the current value property |
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Term
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Definition
| is a decreese in the value of property as a result of age wear and tear |
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Term
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Definition
| is a coverage that protects you when you are responsible an auto accident that results in the injury or death of other parties |
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Term
| property damage liability |
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Definition
| protects you when you are responsible for an auto accident in which the property of others is damaged |
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