Insurance

How much risk or liability is protected with an insurance policy?

• policy

• deductible

• coverage

• premium

A set dollar amount the customer pays, with the insurance company paying the difference?

• credit score

• copayment (co-pay)

• character

• capacity

Legal responsibility

• rights

• credit score

• liability

• asset

The chance of loss.

• accidental injury

• legal aid

• claim

• risk

A policy that does not expire until death, or age 100.

• permanent insurance

• burial insurance

• cash value insurance

• death insurance

The fee paid for insurance protection.

• deductible

• co-insurance

• co-payment

• premium

The likelihood or chance of an event occurring.

• risk

• luck

• fate

• probability

An optional addition to an insurance policy that adds benefits or amends the terms of the policy and may increase the premium.

• rider

• collateral

• payday loan

• optional coverage

The amount you must pay for expenses before the insurance company pays. The amount is specified by the terms of the policy.

• deductible

• co-insurance

• premium fee

• floater

A policy providing coverage for a specific time period, such as 10 years. When the policy term ends, the insurance expires.

• term insurance

• death benefit insurance

• burial insurance

• permanent insurance