Insurance Key Terms

2. Covers damage to your home and your belongings from things like theft, fires, or storms.
4. The amount of money you have to pay yourself for a covered expense before your insurance company starts paying.
6. Protects you if your car is damaged or if you cause an accident that injures another person or their property.
8. A request you make to your insurance company for payment after something happens that is covered by your policy.
9. The contract you have with an insurance company. It's like the rulebook for your safety net—it explains what is and isn't covered.
13. A way to protect yourself from losing a lot of money because of an unexpected event, such as an accident, illness, or damage to your property.
14. Helps pay for medical costs, like doctor visits, medicine, and hospital stays.
15. Covers damage to your apartment and your belongings from things like theft, fires, or storms.

1. The amount of money you pay regularly (usually monthly or yearly) to keep your insurance policy active.
3. The amount and type of protection your insurance policy provides.
5. The person who owns the insurance policy.
7. Protects you if you are responsible for an accident that hurts someone or damages their property.
10. Policy that will pay a specified sum to beneficiaries upon the death of the insured.
11. Coverage for loss of or damage to a building and/or contents due to fire.
12. The person or people who are covered by the insurance policy.