Insurance vocab

2. Provides payment to beneficiaries who were named by the insured person(_______ insurance)
4. Provides payment to renters to cover the damage and loss of property in a rental unit in addition to liability losses(_______ insurance)
6. The out‐of‐pocket money paid by the policyholder before an insurance company will cover the remaining costs attributed to the loss
9. Provides payment to the insured person if his or her property is damaged or destroyed by an accident covered by the insurance(_______ insurance)
10. Provides payment to others if a member of the insured household accidental causes harm to other people or property(_______ insurance)

1. Provides payment to cover liability losses as well as damage and loss of the home structure and its contents(_______ insurance)
3. A financial product purchased by many people facing a similar risk to protect against the risk of larger losses.
5. Provides payments for both liability and property insurance on a vehicle (_______ insurance)
7. Employers may offer employee benefits in the form of products or services that add extra value for employees beyond earned wages (Employee ____)
8. Provides money to pay for health care for illness, injury, or, in some cases, preventive care (_______ insurance)