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Definition
| A measrure of the likelihood that something will be lost. |
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Definition
| The process of measuring risk finding ways to minimize or manage loss. |
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Definition
| An individual who relies on someone else for financial support. |
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| When you buy an insurance policy. |
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Definition
| You pay a set amount of money |
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| The amount you must pay before insurnace begins to pay. |
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Definition
| Pay for covered medical services after treatment is provided. |
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Definition
| A percentage of service cost that patient pay. |
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Definition
| A person whose carerequires a stay in a hospital. |
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Definition
| contract with specifics doctors, hospitals, and toher health care providers to deliver medical services and preventive care to members at reduced cost. |
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Definition
| A flat fee that the patient must pay for medical services. |
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| A tax-advantaged savings acount available to people enrolled in qualified HDHPs. |
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Definition
| Medical services that are not covered. |
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Definition
| An illness or injury you had before signing for health care insurance. |
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Definition
| A person or organization named by the policyholder to recieve assets after the policyholder's death. |
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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 liftime protection so long as premiums are paid. |
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Term
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Definition
| Pays the face value policy to benificiaries if the insured dies before the endowment periods ends. |
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Term
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Definition
| An estimate of the current value of property. |
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Term
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Definition
| A decease in the values of property as result of age wear and tear. |
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Definition
| Coverage that protect you when you are responsible for an auto accident that results in the injury or death of other parties. |
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| Property damage liability |
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Definition
| Protects yuo when you are responsible for an auto accident in which the property of others damaged. |
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Term
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Definition
| Ekiminates the faultfindings process in settling claims. |
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