Terms to know

3. fee for service health insurance.
5. offers varying degrees of protection and savings.
8. flexible life insurance that allows the insured to alter the coverage as the need for protection and the ability to pay for it change.
11. covers the life of the insured for a specified term or period of time.
12. the amount of money you, the policy holder, would receive if the policy is surrendered before your death or when it matures.
13. offers both protection and savings.
15. the amount of money you pay for your insurance
17. designed to protect their assets.
19. eliminates the legal process of proving who is at fault.

1. Begins paying when the basic coverage stops.
2. covers damage to your house.
4. the legal contract issues by the insurance company in your name.
6. designed to cover a person's entire life and to build a cash value.
7. the person you designate to receive the benefits of the policy upon your death.
9. protects a person and family from loss of income due t disability.
10. pays for doctor visits and hospitalization.
14. receive whatever care you need.
16. protects against loss of income due to the death of the insured.
18. the amount of money that will be paid to the beneficiary upon your death.