Insurance Vocab Words

1234567891011121314151617181920212223242526272829303132333435
Across
  1. 4. provides benefits for employees who suffer work related injuries
  2. 7. payment made by an insured person each time they visit a healthcare professional or fill a prescription
  3. 10. an insurance agent who assesses the amount of compensation that should be paid after a person made a claim
  4. 11. section of an insurance policy that identifies general requirements
  5. 12. provides health care to low-income people/families
  6. 15. an instance of uncontrollable natural forces in operation (often used in insurance claims
  7. 18. the portion of your life insurance that earns interest and may be available for you to withdraw or borrow against in case of an emergency
  8. 19. drivers without auto insurance
  9. 22. an estimate of property value from an expert
  10. 25. life insurance contract for a defined period, typically between 10 and 30 years; fixed premiums
  11. 26. a request to an insurance company for payment relating to an accident
  12. 27. a specific time period when employees can change their benefit plans
  13. 29. additional benefits added to an insurance policy
  14. 31. you must get approval from your health insurer to approve a health care service, treatment plan, prescription drug or durable medical equipment is medically necessary before you proceed with it
  15. 32. the amount of money an individual or business pays for an insurance policy (monthly or yearly)
  16. 33. helps you pay for transportation expenses, such as a rental car or public transportation fare, while your own vehicle is being repaired after a covered insurance claim
  17. 34. ins. coverage that provides an insured party with protection against claims resulting from injuries and damage to other people or property
  18. 35. a form of business insurance that offers an employer protection against losses that are caused by its employee’s fraudulent or dishonest actions
Down
  1. 1. amount you pay before an insurance provider will pay for any expenses
  2. 2. act committed to intentionally lie to an insurance company for money/benefits (illegal)
  3. 3. the amount that an entity would have to pay to replace an asset at the present time, according to its current worth
  4. 5. the maximum amount of money an insurance company will pay to coverage a claim
  5. 6. contract detailing the terms and conditions between insurance company and the insured
  6. 8. helps people who can no longer pay their debts get a fresh start by liquidating assets to pay their debts or by creating a repayment plan
  7. 9. a person or group in whose name an insurance policy is held
  8. 10. ins. coverage that helps pay to replace or repair your vehicle if it’s stolen or damaged in an incident that’s not a collision
  9. 13. insurance that provides benefits to eligible workers who become unemployed through no fault of their own, and meet certain other requirements
  10. 14. the payment of proceeds by an insurance company to the insured to settle an insurance claim within the guidelines stipulated in the insurance policy
  11. 16. federal health insurance for people 65 years or older
  12. 17. drivers with car insurance, but their liability coverage limits aren't high enough to cover an injury as a result of an accident they cause
  13. 20. ins. coverage that helps pay to repair or replace your car if it’s damaged in an accident with another vehicle or object
  14. 21. life insurance that pays a benefit on the death of the insured and also accumulates a cash value; fixed premiums
  15. 23. optional car insurance coverage that helps pay off your auto loan if your car is totaled or stolen and you owe more than the car's depreciated value
  16. 24. provider who has a contract with your health insurer or plan to provide services to you at a discount
  17. 28. a professional’s written approximate calculation or judgment of the cost of something
  18. 30. insurance that pays some of a person's income when he or she is disabled from an illness or injury and cannot work