Insurance Review

4. type of life insurance policy that pays out upon the policyholder's death, and also accumulates value during the policyholder's lifetime.
5. Insurance Pays for loss to insured person
6. Type of Insurance required by law
7. If the event happens the insurance company will make a payment to the
10. amount on a life insurance policy or pension that is payable to the beneficiary when the annuitant passes away.
11. Combine the features of HMOs and fee-for-service plans
13. Insurance Covers a collision with another object, car, or from a rollover
14. Money paid to purchase the policy
15. Insurance Doctors visits, vision care, preventative care, dental care

1. Individual, Employer, Government
2. Amount of money paid out of pocket by policyholder before the insurance coverage begins
3. Provide basic insurance as a part of the social safety net to protect citizens from economic hardship
4. Covers all physical damage losses except collision and other specified losses
5. Covers damages caused to the vehicle
8. Someone who receives insurance money if the insured person dies
9. Event occurs resulting in loss, Policyholder makes claim to insurance organization, Insurance organization determines if event is covered by policy, etc
12. Insured pays a specified amount of out-of-pocket expenses for health-care services
16. The most common type of managed care plan