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is a measure of the likelihood that something will be lost. |
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is the process of measuring risk and finding ways to minimize or manage loss. |
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is a 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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to the insurance company on regular basis. |
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is the amount you must pay before insurance begins to pay. |
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pay for covered medical services after treatment is provided. |
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a % of service cost that patients pay. |
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a person whose care requires a stay in a hospital. |
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cantract with specific doctors, hospital, and other health care providers to deliver medical services and preventive care members at reduced cost. |
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is a flat fee patient must pay 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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refer to medical services that are not covered |
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is an illness or an injury you had before signing up for health care insurance. |
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is a person or organization named by the policyholder to receive assets after the policy holder's death. |
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provides protection only for a specific period of time. |
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provides basic lifetime protection so long as premiums 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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an estimate of the current value of property. |
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is a decreasein the value of the property as a result of age or wear and tear. |
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is coverage thats protects you when you are responible for auto accident that results in the injury or death of other parties. |
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Property damaged liability |
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is coverage thats protects you when you are responible for auto accident in which the property of others is damaged. |
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Eliminates the faultfinding process in settling claims. |
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