Insurance Vocabulary

2. Having insurance reduces your ___ risk
3. A person who derives advantage from a will, or life insurance policy
6. A formal request to your insurance provider for reimbursement against losses covered under your insurance policy
7. To purchase coverage from an insurance company you take ___ insurance
11. A ___ adjuster is a person who works for an insurance company and decides how much money should be paid out
13. ___ insurance covers the cost of medical care
14. Insurance ___ is the amount of risk that is covered for an individual
15. Not having or not protected by insurance
16. The part of an insurance claim to be paid by the insured

1. ___ insurance protects individuals and their families when illness or injury prevents them from earning a living
4. A person who owns insurance for a car, home, etc.
5. ___ insurance protects you from paying the full cost for vehicle repairs
8. ___'s insurance covers your home and the personal belongings inside in the event of loss or theft
9. A document detailing the terms and conditions of a contract of insurance
10. Protection and a promise of payment, or the money paid if there is damage or loss
11. ___ insurance pays out a sum of money on the death of the insured person
12. the state of being legally responsible for something
17. A fixed cost for a service paid by someone who has insurance