Insurance

1. /The written contract effecting insurance, or the certificate thereof, by whatever name called, and including all clause, riders, endorsements, and papers attached thereto and made a part thereof.
3. /Pays basic expenses for an insured and his or her family in states with no-fault auto insurance. No-fault laws generally require drivers to carry both liability insurance and personal injury protection coverage to pay for basic needs of the insured, such as medical expenses, in the event of an accident.
5. /Auto insurance coverage providing protection in the event of physical damage (other than collision) or theft of the insured car. For example, fire damage or a cracked windshield would be covered under the comprehensive section.
6. /Amount of loss that the insured pays before the insurance kicks in.
7. / Covers physical damage to the insured's automobile (other than that covered under comprehensive insurance) resulting from contact with another inanimate object.

2. /Broadly, any legally enforceable obligation. The term is most commonly used in a pecuniary sense.
3. /The price of insurance protection for a specified risk for a specified period of time.
4. /The beneficiary is someone who receives the benefits of an insurance contract.
7. /A demand made by the insured, or the insured's beneficiary, for payment of the benefits as provided by the policy.
8. /A contract (policy) in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.