1
- Insurance that results in payment for extended nursing care when a person cannot live independently (but doesn’t need to be hospitalized)
2
person who owns the insurance policy
3
requires the insured individual to pay a fixed percentage of the loss after the deductible has been paid
4
someone who receives money if an insured person dies
5
Insurance that results in payment to replace earnings during times when workers cannot work due to illness or injury
6
Insurance that results in payment for liability and property insurance on a vehicle
7
Insurance that results in payment to cover liability losses and damage/loss of home structure and its content
8
the out-of-pocket money paid by the policyholder before an insurance company will cover the remaining costs attributed to the loss
9
someone who relies on someone else for income and care
10
a financial product purchased by many people facing a similar risk to protect against the risk of larger losses
11
Insurance that results in payment to others if a member of the insured household accidently causes harm to other people or property
12
the risk covered and amount of money paid for losses under an insurance policy
13
Insurance that results in payment to insured person if his/her property is damaged or destroyed by an accident
14
money paid to purchase the policy
15
Insurance that results in payment for damage/loss of property in a rental unit in addition to liability losses
16
a formal request to an insurance company asking for a payment when the policyholder has an accident, illness or injury
17
chance of loss from an event that cannot be entirely controlled