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Definition
| is a measure of the likehood that something will be lost |
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Definition
| is the process of measuring risk and finding ways to minmize or manage loss |
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| is an induvidual who relies on someone else for fincial support |
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Definition
| when you buy an insurance policy |
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Term
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Definition
| you pay a set amount of money |
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Definition
| is the amount you must pay before insurance begins to pay |
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Definition
| pay for covered medical services after treatment is provided |
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Definition
| is apercentage of the service cost that patients pay |
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| is a person whose care requires a stay in a hospital |
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Definition
| contract with specific doctors |
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Definition
| is a flat fee the patient must pay for medical services |
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Definition
| is a tax advantage savings accunt availble to people qualified |
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Definition
| refer to medical services that are not covered |
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Term
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Definition
| is an illness or an injury you had before signing up for health care insurance |
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Definition
| is a person or organization named by the plicyholder to reciever assets after the policyholder's death |
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Definition
| provides protection only for specific priod of time |
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Definition
| provides basic lifetime protection so long as premuims are paid |
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Term
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Definition
| pays the face value of the policy to beneficial if the insured dies the endowedment period ends |
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Term
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Definition
| is an estimate of the current value of propety |
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Term
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Definition
| is a decrease in the value of propertry as a result of age or wear and tear |
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Definition
| is coverage that protects you when you aRe responsible for an auto accident that results in the injury or death of the other parties |
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Term
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Definition
| protects you when you are responsible for an auto accident in which the property of others |
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Term
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Definition
| elimates the faultfinding process in the stting claims |
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