PF C9 Vocab

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Across
  1. 9. a type of insurance that covers some or all of the costs of nursing home care, assisted living, in-home care, and other end-of-life care
  2. 11. protection for losses to a private residence and the possessions within it, as well as liability coverage against accidents in the home or on the property
  3. 13. a type of insurance that will replace a portion of the policyholder’s income in the event that the policyholder becomes disabled and is unable to work
  4. 16. benefit paid to the beneficiaries after the policyholder
  5. 17. the practice of employers paying for a portion of their employees‘ insurance premiums
  6. 19. a formal request by a policyholder to their insurance company for compensation for a covered loss
  7. 20. a person who relies on someone for financial support
  8. 24. protection for damage to your car resulting from a collision with another car or object
  9. 25. the most a policyholder has to spend for covered services in a year
  10. 26. the amount of time after the premium is due in which a policyholder can make a premium payment without suffering a lapse (break) in coverage
  11. 27. a component of auto insurance that pays for medical expenses, lost wages, and other financial losses of the driver and passengers of the policyholder’s vehicle
Down
  1. 1. protection against claims resulting from personal injury or property damage as the result of an auto accident
  2. 2. a tax-exempt savings account dedicated to health care costs; only available for individuals on a high-deductible health plan (HDHP)
  3. 3. a platform where individuals, families, and small businesses can compare health insurance plans
  4. 4. protection for you and passengers if you‘re hit by an uninsured or underinsured motorist, or if you are the victim of a hit-and-run
  5. 5. the amount of liability protection offered to an individual through an insurance policy
  6. 6. the contract between an insurance company and the insured individual
  7. 7. protection for destroyed or stolen personal property for a renter
  8. 8. the amount of money you will pay out of pocket before the insurance company will make a payment
  9. 10. an arrangement in which an individual will receive financial protection or reimbursement of losses from an insurer
  10. 12. the payments an individual makes each time they get medical service
  11. 14. the act of fraudulently gaining and using the personal information of someone else, usually for financial gain
  12. 15. the amount of money paid for an insurance policy
  13. 18. protection for loss or damage to your vehicle caused by something other than a collision (such as vandalism)
  14. 21. optional extended liability coverage that can be added to auto and homeowner’s policies
  15. 22. coverage for an individual’s (or family‘s) medical expenses from illness or injury
  16. 23. people who are designated by the policyholder to receive the death benefit of a life insurance policy