Exam #3

2. Were the insured pays a flat dollar amount each time a medical service is received.
3. The amount received after giving up a life insurance policy.
8. A method of integrating the benefits payable under more than one plan,
14. The process insurance companies use to determine premiums.
15. A provision that allows the insured not to forfeit all benefits.
16. protection against possible financial loss.
19. someone who owns an insurance policy.
21. A provision were both the insurer ans the insured share losses.
23. A federal health insurance program for people 65 and older.
25. a person covered by an insurance policy.
26. A program for medical assistance to low income families.
29. failure to take reasonable care in a situation.
30. Pays for cost on long term illness or disability.

1. the set amount a person has to pay per loss on their policy.
4. A provision were the insured pays a certain amount after the ensurer pays for 100% of covered expenses.
5. A whole life policy that combines term insurance and investment elements.
6. Life insurance specified for a period of time.
7. A benefit under which the company pays twice the face value.
9. A corporation that provides protection against against hospital care.
10. A document that modifies a policy's coverage.
11. a risk sharing firm that assumes responsibility.
12. A corporation that provides protection against surgical care.
13. A person designated to receive something such as life insurance proceeds.
17. A plan that provides a wide range of health care services for a fixed premium.
18. the amount of money that is charged for your insurance policy.
20. legal responsibility for the financial cost of something.
22. a written contract for your insurance.
24. A contract that provides regular income for as long as a person lives.
27. an insurance company is known as.
28. A insurance agent who passed a series of college level insurance examinations.