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Definition
| measure of the likelihood that something will be lost |
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Term
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| 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 |
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| is when you buy insurance |
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Definition
| to the insurance company on a regular bases |
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| is the amount you must pay before insurance begins to pay |
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Definition
| pay for covered medical sercices after treatment is provided |
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Definition
| IS A Percentage 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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| contract with specific doctors, hospitals, and other health care providers. |
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Definition
| is a flat fee the patient must pay for medical service |
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| 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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Term
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Definition
| is an illness or an injury you ha before signing up for health care insurance |
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Definition
| is a person or organization named by the policyholder to receive assets after the 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 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 result of age or wear and tear |
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Term
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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 other parties |
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Term
| 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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Term
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Definition
| eliminates the faultfinding process in settling claims |
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