Insurance
The required payment by an insurer to be covered under a plan. Usually monthly.
Premium
This type of auto insurance is required so that you are held responsible for the costs associated with an accident you caused.
Liability
This is the amount you agree to pay each time you recieve medical treatment.
Copay
Because of expected expenses, especially on medication, vaccines, and checkups, most Americans are getting this for their non-human children.
Pet Insurance
The amount of money you agree to pay towards your losses before your insurance coverage will begin paying.
Deductible
This type of auto insurance protects you against costs to your own vehicle.
Two types of health insurance plans.
Traditional and HDHP
Sometimes landlords require their tenants to have this type of insurance to cover potential injuries, theft, or loss.
A detailed contract that lists everything the insurance will cover.
Policy
This auto insurance option covers damages from non-accident events like theft, vandalism, or natural disasters.
Comprehensive Coverage
This federal program covers over 67 million Americans, mostly people older than 65 and younger citizens with certain disabilities and conditions.
Medicare
This insurance covers unexpected death.
Life Insurance
You must submit this if you want your insurance to cover something.
Claim
This auto insurance coverage pays for medical expenses and damage when the person who caused the accident does not have insurance.
Uninsured/underinsured
You can usually save up to 50% on your health insurance premium by completing a form attesting that you do not use these products.
This insurance covers the cost of a trip or vacation due to unforeseen circumstances.
Travel Insurance
For life insurance, the person or entity designated to receive the death benefit.
Beneficiary
What is offered by most insurance providers if you maintain a certain number of accident-free years or meet other safe-driving criteria.
Safe Driver Discount
Percentage of medical bill paid after deductible has been met.
Coinsurance
This insurance will cover either the entirety or a portion of a person's income if they are injured or unable to work for a certain period of time.
Disability
The most expensive sporting insurance policy of all time belonged to this soccer player's legs.
This car insurance company has the highest market share in Ohio.
State Farm
This is the oldest age you can be to stay on your parent's health insurance.
26
While not technically insurance, consumers can purchase these, which are contracts with manufacturers to replace damaged or defective items.
Warranty