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Definition
| is a measure of the likelihood that 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 manage loss. |
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| is an individual who relies on someone else for financial support, such as a child, a spouse, or an elderly parent. |
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Definition
| is 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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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 coveref medical service 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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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 care provider 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 patient must apr for medical services. |
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Term
| health saveings acount (HSA) |
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Definition
| is a tax-advantaged saveingaccount avaiable to people enrolled in qualified (HDHPs) |
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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
| is 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 or organization named by the policyholder to receive 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 lifetime protection so long as premiums are paid. |
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Term
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Definition
| pays the face value of the policy to beneficiaries 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 decrease in the value of property as a resultof age or wear and tear. |
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Term
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Definition
| is coverage that protects you when you are responsiable for an auto accident that results in the injury or death of 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 is damaged |
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Term
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Definition
| eliminates the faultfinding process in settling claims |
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