What is the planned protection provided by sharing economic losses
100
Perils
What is the cause of the loss
100
Hospitalization Insurance
What is Highest selling insurance that pays the major part of the cost of a hospital stay and covers such charges as room, food, anesthesia, X-rays, laboratory tests, and medicines
100
Dependent
Who is the person that relies on another for financial support
100
Medicaid
What is Federal assistance for low-income families
Covers the cost of doctor’s services, X-rays, lab tests, nursing home care, diagnosis and treatment of children’s illnesses, and home health care services
200
Insurance Company
What is the businesses that provide planned protection against economic loss
200
Real Property
What is items attached to the land
200
Surgical Insurance
What is the insurance that pays for all or most of the charges for surgery and in-hospital care by physicians
200
Proceeds
What is the money paid to the policyholder’s survivors
200
Health Maintenance Organization
What is the organization that provides health care to its members usually at a medically staffed clinic for a set fee per month
Emphasis is on preventative health care
300
Bodily Injury Liability
What is it protects the insured person from injury to people in other cars, passengers riding with the insured person, and pedestrians, but does not cover the insured person
300
Homeowner’s policy
What is a convenient package-type insurance policy designed to fit the needs of most homeowners:
300
Comprehensive Medical Insurance
What is the insurance that combines the features of hospital, surgical, regular, and major medical insurance
300
Term Life Insurance
What is Provides financial protection for a survivor of the policyholder for a specific period (term) of time
300
Individual Health Insurance
What is the most expensive method of buying health insurance
the individual pays the entire premium
Usually has a waiting period before the policy is active
Usually requires a physical examination
400
Uninsured Motorist Protection
What is it protects policyholder against drivers without insurance
400
Renter’s insurance
What is special policies designed for individuals who are renting
400
Regular Medical Insurance
What is the insurance that pays for part or all of nonsurgical care given in the doctor’s office, hospital, or patient’s home
400
Variable Life Insurance
What is the insurance that provides death benefits and savings, but allows the policyholder to determine how to invest the cash value
400
Mental Health Insurance
What is the insurance that pays for psychological counseling and psychiatric care
500
Collision Insurance
What is it protects the car owner against damage from a collision with another object or the car turning over, but does not cover injuries to people
500
Basic, Broad, and Comprehensive
What are the three types of home owners policies
500
Disability Income Insurance
What is the insureance that pays for loss of income due to extended illness or accident
500
Universal Life Insurance
What is the insurance that divides the premium three ways: death benefits, insurance company expenses, and investments or savings that earn a high interest rate
500
Vision Insurance
What is the insurance that pays for eye examinations, prescription lenses, frames, and contact lenses