The most you could pay during a coverage period
Out-of-pocket limit
A person's record of using credit.
Credit history
When someone in a public place overhears or views your personal information and uses it against you.
Shoulder surfing
The person who receives the payment from a life insurance policy.
beneficiary
The amount of money a policyholder pays prior to the insurance company's payment.
Deductible
This summarizes an individual's credit history and includes payment record, lates fees, etc.
Credit report
Copying someone's credit or debit card numbers from their cards.
Skimming
The person who pays for and is covered by the life insurance policy.
Regular payments made to an insurance company for coverage.
Premium
Organizations that collect credit information on individual consumers.
When someone emails you posing as someone else and asks for your personal information.
Phishing
Life insurance provided over a specific period of time.
The share of costs the insured person pays at the visit out of their own pocket.
Co-pay
A numeric score that uses credit history to access creditworthiness.
Credit score
Someone improperly accesses your personal information by posing as a person who needs data (not online).
Pretexting
A portion of this life insurance premium goes into an account and builds cash value (a type of investment).
Whole life insurance
Policyholder share of costs calculated as a percentage of the allowed amount for the service.
Using email viruses to redirect you from a legitimate website to a fake website designed to obtain your personal information.
Pharming