Exam 3 Crossword
Across
- 2. addition of coverage
- 5. a form of permanent life insurance—lasting for the lifetime of the holder—that features a cash value savings component.
- 8. provides benefits for surgical and medical services performed by physicians
- 10. insurance for people who rent
- 12. process of establishing a monetary fund to cover the lost cost
- 15. a financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees.
- 18. legal or formal measure to preserve civil liberties and rights
- 21. established 1965 federal health insurance program for 65+ year olds, people with permanent kidney failure and other certain disabilities
- 22. fills the gap between Medicare payments and cost not covered by Medicare
- 24. when a company assumes the risk for a fee
- 25. estimate of monetary worth
- 27. liability when a person is held responsible for their actions
- 28. United States Department of Health and Human Services
- 31. Affordable Care Act of 2010
- 34. health reimbursement account
- 36. a person who derives advantage from something, especially a trust, will, or life insurance-policy a legal contract between the insurance company (the insurer) and the person(s), business, or entity being insured (the insured).
- 37. flexible spending account
- 40. liability when a person is held accountable for another person's actions
- 42. a sum of money claimed as a compensation for loss
- 43. insurance that provides coverage to a person's place of residence
- 44. the right of the insurance company to recover the amount it pays in loss
- 46. prevents the provider from voiding coverage due to a misstatement by the insured after a specific amount of time has passed.
- 49. a clause that would make the homeowner pay part of the losses if the property was not insured a person covered by an insurance policy
- 53. the full cost of repairing or replacing an object
- 54. protection against possible financial loss
- 56. a system in which drivers involved in accidents receive lost wages, medical expenses and other from their own insurance company
- 59. the legal responsibility for the financial cost of another person’s losses or injuries
- 60. summary of benefits and coverage
- 61. provides hospital care benefits on essentially a “service-type” basis
Down
- 1. point-of-service plan
- 3. failure to take injuries
- 4. a program to medically assist low-income individuals and families
- 6. out-of-pocket limit
- 7. a person's possessions
- 9. policy that supplements your basic personal liability
- 11. chartered life underwriter
- 13. limits payments made to survivors of a policyholder who dies by suicide within a certain period after purchasing the policy.
- 14. coverage
- 16. The Health Insurance Portability and Accountability Act of 1996
- 17. return-of-premium
- 19. insurance that pays for the damages to the automobile regardless of fault
- 20. the cause of a possible loss
- 23. preferred provider organization
- 26. the process by which your lender verifies your income, assets, debt and property details in order to issue final approval on your loan application
- 29. a risk in which there is only a chance of loss
- 30. increases the likelihood of loss through some peril
- 32. a payment for services
- 33. uncertainty or lack of predictability
- 35. a risk-sharing firm that agrees to assume financial responsibility for losses resulting from an insured risk
- 38. risk in which there is a chance of either loss or gain
- 39. health maintenance organization
- 41. a contract
- 45. long-term care insurance
- 47. exclusive provider organization
- 48. security or protection against a loss or other financial burden.
- 50. Association Health Plans
- 51. health savings account
- 52. the set amount that the policyholder must pay per loss on an insurance policy
- 55. coordination of benefits
- 57. claim settlement where the insured receive payment based on current replacement cost
- 58. an insurance policy provision that adds benefits to or amends the terms of a basic insurance clause a particular and separate article, stipulation, or proviso in a treaty, bill, or contract.