Life and AD&D Terminology

2. _____ event allows the policyholder to change coverage elections at certain times outside of open enrollment.
5. _____ at work means that you are performing all of the usual and customary duties of your job on a full-time basis.
7. _____ insurance requires you to pay a part of the premium.
8. a government regulated entity that is in the business of transporting fare paying passengers.
9. _____ protection is a provision that allows an insured's premium to be waived and coverage to continue until no longer disabled.
10. ____ issue amount is the amount of coverage a policyholder can elect without having to provide additional health information for approval.
12. an option to take your group term life coverage to another group term life plan/employer.
14. _____ benefit option allows the policyholder to withdraw benefits early under some circumstances.
15. evidence of _____ is required for coverage above the GI amount.

1. basic _____ earnings are your gross annual rate of pay excluding overtime.
3. accidental death & _____ covers the unintentional death or dismemberment of the insured.
4. claim _____ is when the policyholder requests a claim to be processed again, usually via escalation.
6. an option to change your group term life policy into an individual, permanent policy.
10. _____ term life insurance is a contract between an insurer and a policyholder/group employer.
11. age _____ schedule is a provision that reduces the face amount of your group life insurance when you reach certain ages.
13. the person who will receive the death benefit payout.