Term
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Definition
| measure of the likelihood that something will be lost |
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Term
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Definition
| process of measuring risk and finding ways to minimize or manage loss |
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Term
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Definition
| is an individual who relies on a someone else |
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Term
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Definition
| when you buy an insurence policy |
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Term
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Definition
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Term
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Definition
| 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
| a percentage of the service cose that patients pay |
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Term
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Definition
| 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 care providers |
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Term
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Definition
| a flat fee the patient must pay for medical services |
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Term
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Definition
| tax advantage savings account available to people enrolled in qualified HDHP |
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Term
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Definition
| refer to medical services that are not covered |
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Term
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Definition
| an illness or an injurt you had before signing up for health care insurence |
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Term
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Definition
| a person or organization named by the policyholder to recieve assets afer policyholders 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 lifetime protection so long as the premium is paid |
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Term
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Definition
| pays the face value of the policy to beneficiaries |
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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
| decrease in the value of property as a result of age |
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Term
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Definition
| coverage that protects you when you are responsible for an auto accident |
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Term
| Property damage liability |
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Definition
| protects you when you are responsible |
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