Insurance Terms

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Across
  1. 3. of Pocket Maximum: the maximum paid out of pocket in one year for the benefits your insurance covers
  2. 6. replacement cost: the cost of replacing items with similar items in today's prices
  3. 7. Premium: the amount charged for an insurance policy
  4. 9. a fee paid for a service after the deductible
  5. 10. medicaid provides people who have low income or certain health conditions with health coverage
Down
  1. 1. Limit: the maximum amount reimbursed by the insurance policy to cover a loss
  2. 2. a percentage of the health care service you pay after the deductible is paid
  3. 4. damage waiver: an optional service sold by rental car companies to cover damages to the rental car
  4. 5. the amount paid out of pocket by an individual, before insurance pays, when filing a claim
  5. 8. value: the depreciated cost of the items