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Definition
| is a measure of the likelihood that is something will be lost |
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Term
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Definition
| is the process of measuring risk and finding ways to minimize or manger lost |
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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 elderly |
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Term
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Definition
| when you buy an insurance policey you become a policy holder |
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Term
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Definition
| to the insurance company on a regular basis |
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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 services cost $100 and the coinsurance is 20 percent you cost would be $20 |
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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 hositals and other health care providers to deliver medical services and preventive care to members at reduce cost |
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Term
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Definition
| is a flat fee the patient must pay for medical services |
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Term
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Definition
| tax-advantages savings account available to peopel enrolled in qualifed high deductible health plans |
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Term
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Definition
| refers to medical services that are not covered |
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Term
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Definition
| an illness or an injury you had before signing up for health care insurance |
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Term
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Definition
| is a person organization named by the policyholders to receive asset after the policyholders death |
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Term
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Definition
| provides protection only for a specfic period of time |
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Term
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Definition
| provides basic lifetime protection so long as permiums are paid |
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Term
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Definition
| pays the face value of the policy to beneficialries 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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Term
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Definition
| is a decrese in the value of property as a result of age or wear and tear |
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Term
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Definition
| is coverage that protects you when you are responsible for an acident |
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Term
| property damaged liability |
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Definition
| protects you when you are responsible for an auto accident in which is the property |
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Term
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Definition
| elimiates the faultfinding process in settling claims. |
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