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Insurance Terms to Know



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2 This type of home insurance coverage insures you against such damages as fire and lightning, burglary and theft, vandalism, and explosions. (two words)
3 Coverage that allows workers to choose from a variety of benefits to devise a plan that best suits their needs. (two words)
4 This property protection only covers damage or loss of personal property and possessions, not the dwelling itself. (two words)
6 A type of health insurance that provides regular income payments when a person is unable to work for an extended period of time because of injury or illness
7 the amount you must pay before the insurance company will pay a claim
8 Auto insurance coverage that pays for the medical expenses resulting from an accident regardless of who was at fault. (two words)
10 Auto insurance coverage that pays for damage to your car caused by something other than another vehicle
12 This type of home insurance coverage protects you against financial loss if others are injured on or by your property, or if you or your property accidentally damages the property of others. (two words)
14 Auto insurance coverage that protects you if you are legally liable for an accident in which others are injured or killed. (three words)
17 Auto insurance coverage that pays for bodily injuries for which a hit-and-run driver is responsible. (two words)
1 This life insurance covers the policyholder for a lifetime. (two words)
2 Auto insurance coverage that pays for damages your car causes to the property of others if you are responsible for an accident. (three words)
5 A plan to help people protect themselves from unexpected financial losses.
9 this life insurance covers the policyholder for a set period of time specified in the policy
11 An account that allows individuals to set money aside on a tax-free basis to pay for future qualifying medical expenses. (two words)
13 Auto insurance coverage that pays for the damage to your car caused by a collision with another vehicle or object.
15 Auto insurance protection designed to eliminate the legal process of proving who is at fault in an accident.(two words)
16 A set amount of money paid to an insurance company on a regular basis in return for financial protection in the event a misfortune occurs that is covered by the policy
18 A policyholder pays premiums throughout his or her life with this type of whole life policy. (two words)
19 A form of whole life insurance in which payments are limited to a set period of time.
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