Insurance

2. insurance Covers your personal property in a rented apartment or home.
3. TIME PERIOD that the policy covers.
5. Insurance Protects against most types of property losses and liabilities related to home ownership
8. An official REQUEST made to the insurance co. to notify them that a covered event has occurred.
9. PROBABILITY of an insured situation actually occurring.
12. A specified sum of money based on the patient's insurance policy benefits due at the time of service
13. insurance insurance paid to named beneficiaries when the insured person dies
14. PERSON who receives the $ (for life insurance, it's often the spouse/children).

1. Specific amount your policy makes you pay BEFORE the insurance co. gives any $ (will vary - known upfront).
4. AMOUNT YOU PAY for the policy to be in effect (often paid monthly/annually).
6. ADD-ON clause you tack on to a policy to add more than basic package offers.
7. insurance Insurance that covers medical illness or injury.
8. MAXIMUM amount you can receive in benefits if you do have a claim for a covered event.
10. (insurance) Provides payment to others if a member of the insured household accidentally causes harm to other people or property
11. CONTRACT that lays out your insurance plan, what's covered and how much you'll be paid in the event of a claim.