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| ia a measure of the likelihood |
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| is the process of measruing 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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| when you buy an insurance policy |
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| you pay set amount of money |
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| is the amount you must pay before insurance begins to pay. |
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| oay for covered medical services after treatment is provided. |
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| a percentage of the service of the service cost thet patient pay. |
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| is a person whose care requires a stay in a hospital |
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| contract with specific doctors, hospitals and other health care providers to deliver medical services ans perventive care to members at reduced cost. |
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| is a flat fee the patient must oay for medical services. |
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| is a tax advantaged savings account available to people enrolled in qualified high deductible health plans. |
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Definition
| refer to medical services that are not covered. |
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| is an illness or injury you had before signing up for health care insurance. |
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| is a person or organization named by the policy is paid to the beneficiary. |
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| provides protection only for a specific period of time. |
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| provides basic lifetime protection so long as premium are paid. |
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| pays the face value of the policy to beneficiaries if the insured dies before the endowment period ends. |
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| is an estimate of the current value of property. |
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| decrease in the value of property as a result of age or wear and tear. |
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| coverage that protects 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 you when you are responsible for an auto accident in which the property of others is damaged. |
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Definition
| eliminates the faultfinding process in settling claims. |
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