Types of Insurance

Amount paid out of pocket by a policyholder for the initial portion of a loss before the insurance company pays.

• deductible
• risk
• policy
• insurance

Protection for a dwelling against perils like fire and lightning

• homeowners insurance
• life insurance
• health insurance
• auto insurance

Accident, theft, damage, destroyed, unexpected

• health
• premium 
• disability
• risk

A fee paid to the insurer to be covered under the specified terms.

• insurance
• premium
• deductible
• policy

Many high school students are covered under their parents for this type of insurance.

• beneficiary
• risk
• health
• policyholder

Consumer who purchased the policy.

• policyholder
• peril
• premium
• beneficiary

People must have this type of insurance to drive their vehicle.

• health
• life
• automobile
• renters

Contract between the individual and an insurer specifying the terms of the insurance.

• peril
• policy
• deductible
• dependent

Title of people receiving money from a life insurance policy after the insured person dies.

• policyholder
• premium
• insurance
• beneficiary

Arrangement between an individual and an insurer for protection against risk.

• insurance
• disability
• risk
• dependent