Vocab 9 pt.1

3. life insurance that lasts your entire life and builds cash value over time.
6. a health plan with lower premiums but a higher deductible.
9. insurance that pays income if you cannot work due to illness or injury.
12. a federal law that expanded access to health insurance and set consumer protections.
14. life insurance that provides coverage for a specific period of time.
15. a plan that helps pay for medical expenses.
16. extra insurance that covers costs not included in a primary policy.

1. the money paid to beneficiaries when the insured person dies.
2. a tax‑advantaged account used to save money for medical costs.
4. insurance that helps pay for extended care services like nursing homes or in‑home care.
5. someone who relies on another person for financial support and can be covered on their insurance.
7. auto insurance that covers medical costs for you and passengers regardless of fault.
8. people who receive benefits from an insurance policy or government program.
10. the most you will pay in a year for covered medical expenses.
11. extra time after a payment is due before penalties or cancellation happen.
13. when a company or organization pays its own insurance claims instead of using an insurance provider.