Across
- 3. A type of insurance that eliminates the legal process of proving who is at fault in an auto accident
- 7. Organization that offers lower-cost health care by providing a group discount if participating doctors are used It pays some of the costs if a nonparticipating doctor is used
- 8. Health insurance that generally pays for hospitalization (room, board, and nursing services), medications, and sometimes X rays and lab tests
- 9. Persons designated by a life insurance policyholder to receive the benefits of the policy upon the policyholder's death; also a person who is named in a will to receive a deceased person's property
- 10. Policy that begins paying when the basic insurance coverage stops It extends the basic policy and pays for additional hospital care due to major illness or serious injury, protecting people from huge medical bills that could ruin them financially
- 15. Health insurance that protects a person or family from loss of income due to sickness or disabling injury
- 16. Flexible insurance that allows the insured to alter the coverage as the need for protection and the ability to pay for it change
- 17. A type of life insurance in which the premium is based on the person's age when the policy is purchased and remains the same throughout his or her life This type of policy builds a cash value
- 18. A method of receiving and paying for health care where you pay a set fee on a regular basis When you need health care, you go to a physician associated with the HMO You receive whatever care you need, usually with no deductible and no coinsurance payment
- 19. Insurance protection against loss of income due to the death of the insured
Down
- 1. A type of life insurance in which part of the premium goes toward protection and the rest goes into savings that are invested in equity products such as stocks
- 2. Type of life insurance that covers the life of the policyholder for a specified term or period of time Once the term expires, the person is no longer insured
- 4. Insurance that covers damage to, or loss of, your home as well as the personal property inside your home
- 5. The amount of money a policyholder pays for an insurance policy
- 6. Insurance designed to help people protect their assets in the event of a prolonged illness or convalescence
- 11. The amount of money the policyholder would receive if the policy is surrendered before his or her death or when it matures
- 12. A legal contract issued by an insurance company
- 13. A type of life insurance in which protection and savings are clearly separated and the amounts of both parts can be changed
- 14. The amount of money paid to the beneficiary of a life insurance policy upon the policyholder's death