Insurance Vocab Flashcard

Front

Company that writes an insurance policy

Back

Insurer

Front

Cost to replace property or rebuild a structure

Back

Replacement Cost

Front

Owner of an insurance policy

Back

Policyholder

Front

An individual covered by an insurance policy

Back

Insured

Front

Insurance for car repair/replacement not due to an accident.

Back

Comprehensive Coverage

Front

Protection against a specific loss

Back

Coverage

Front

Contract protecting individuals against specific future losses

Back

Insurance Policy

Front

A situation where loss is possible

Back

Risk

Front

Legal responsibility

Back

Liability

Front

Liability coverage for injuries to others in auto insurance

Back

Bodily Injury Liability