FinLit Vocab for Chapter 9

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Across
  1. 5. Provides coverage for a specified term and builds savings for the policyholder.
  2. 7. Health conditions that existed before one’s insurance policy was granted.
  3. 9. Insurance plans that cover a large group of individuals, such as all the employees of a company or local government.
  4. 11. The person who buys a health insurance policy or subscribes to it through an employer.
  5. 12. The share of costs for covered insurance services that the insured person is required to pay out of her or her pocket.
  6. 13. Regular payments paid to an insurance company in return for insurance coverage.
  7. 14. a financial product that provides payment for medical services when people suffer a financial loss because of illness or injury
Down
  1. 1. The amount of money a policyholder pays prior to the insurance company’s payment.
  2. 2. Life insurance provided over a specified period of time.
  3. 3. Ensures that workers can continue their health insurance coverage even if they switch jobs.
  4. 4. a financial product that, when purchased, provides reimbursement paid to a person in the event of certain types of financial loss.
  5. 6. An insurance pan that pays a specific person or persons when the policyholder dies.
  6. 8. Provides coverage for as long as the policyholder continues to pay the premium.
  7. 10. Allows you to continue health insurance coverage for up to 18 months after your employment ends.