Insurance Terms

4. regular payment to the insurance company
6. protects you from losses you cause to other people
9. damage caused to your car by something other than a collision. Not YOUR fault.
11. the insured pays a percentage of the payment for a medical bill
12. protects you from loss against personal items that are stolen, damaged or destroyed

1. filed if you suffer loss covered by policy – formal request for payment
2. how much you pay when you file a claim before insurance starts paying
3. fixed amount for a service, paid by a patient before receiving the service
5. damage to your car caused by colliding with a another car or object. YOUR fault.
7. injury or damage sustained by the insured (injury, property damage, loss of income)
8. legal document which stipulates what you are protected from
10. a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.
12. many pay for the few who have a loss