a contract by which the insurer assumes the risk of any loss the to the owner or operator of a car may incur through damage to property or persons as the result of an accident.
What is Automobile insurance?
100
a plan for sharing the risk of high medical costs resulting from injury or illness.
What is Health Insurance?
100
The dangers or difficulties that arise from a particular situation or activity.
What is Peril?
100
Insurance that protects property owners from property and liability risks.
What is Homeowner's Policy?
200
lowers injury and damages to people and property.
What is liability?
200
Insurance that provides funds to the beneficiaries where the insured dies.
What is Life Insurance?
200
A method for spreading individual risk among a large group of people to make losses more affordable for all.
What is Insurance?
200
Insurance that protects renters from property and liability risks.
What is Renter's Policy?
300
damage by other object, car, or roll.
What is collision?
300
recipient of any policy proceeds if insured dies.
What is Beneficiary?
300
The chance that an investments value will decrease.
Or the chance of financial loss from perils to people or property covered by insurance.
What is Risk
300
a Written amendment to an insurance policy.
What is Endorsement?
400
all physical damage but loss.
What is comprehensive?
400
relies on someone else financially.
What is Dependant?
400
Consumer who purchases policy.
What is Policy Holder?
400
A group of healthcare providers who band together to provide health services for set fees.
What is Preferred Provider Organization (PPO)?
500
Automobile insurance that pays for your injuries when the other driver is legally liable but unable to pay.
What is uninsured/underinsured motorist coverage?
500
Replaces the portion of ones income if they become unable to work due to illness or injury.
What is Disability Insurance?
500
Fee to be covered under special terms.
What is Premium
500
A group health insurance plan that offers prepaid medical care to its members.