Across
- 2. the contract between an insurance company and the insured individual
- 5. the amount of liability protection offered to an individual through an insurance policy
- 6. (also copayments or coinsurance) the payments an individual makes each time they get medical service
- 7. the amount of money you will pay out of pocket before the insurance company will make a payment
Down
- 1. the most a policyholder has to spend for covered services in a year
- 2. the amount of money paid for an insurance policy
- 3. an arrangement in which an individual will receive financial protection or reimbursement of losses from an insurer
- 4. Period 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
- 5. a formal request by a policyholder to their insurance company for compensation for a covered loss