Unit 4 Glossary

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Across
  1. 3. preferred provider organization
  2. 5. amount you must pay before you begin receiving any benefits from your insurance company
  3. 6. an out of pocket fee paid by a person with health insurance at the time a covered service
  4. 8. providing for liquidation if the debtors assests
  5. 11. protection against damages to your car from causes other than collision or rolling over
  6. 15. allows them to continue operating under court
  7. 17. covers injuries sustained by the driver of the insured vehicle or any passenger regardless of fault
  8. 18. anything that has current or future economic value to a business
  9. 19. the sharing of risk by an insurer among its insureds
  10. 20. a formal request by a policyholder
  11. 21. the length of time during which a policyholder or their dependents may file and receive payment
  12. 22. a specific sum of money paid by the insured to the insurance company
  13. 23. pays from your coverage if you are in an accident with another motorist
  14. 25. the premium you can get is directly correlated with the riskiness of a stock
Down
  1. 1. describes the type of coverage in an insurance agreement
  2. 2. applies to the amount of protection you have through an insurance company in the event of a loss
  3. 4. a practice or arrangement by which a company or government agency provides a guarantee of compensation
  4. 6. the debtors to keep their property and use their income to pay a portion
  5. 7. something that is owed to somebody else
  6. 9. health maintenance organization
  7. 10. also known as Obama care
  8. 12. the sharing of expenses by the policy holder and the insurance company
  9. 13. the higher a plans deductible. the lower the premium
  10. 14. pays if you are struck by someone by someone who does not have insurance
  11. 16. provides payment to cover liability
  12. 24. a measure of wealth