Insurance Vocabulary and Definitions

What is the term for the monthly or annual payment you make to have insurance?

• Riesgo

• Indemnización

• Prima

• Póliza

Who is the person that receives the insurance money after an accident or problem?

• Asegurado

• Actuario

• Mutualidades

• Indemnización

What is the possibility of something bad happening?

• Actuario

• Mutualidades

• Riesgo

• Asegurado

What are groups of people who protect each other by paying a part?

• Mutualidades

• Asegurado

• Actuario

• Indemnización

What is the term for the monthly or annual payment you make to have insurance?

• Asegurado

• Prima

• Póliza

• Indemnización

What is the term for the money the insurance gives you after an accident or problem?

• Riesgo

• Indemnización

• Póliza

• Prima

What do you call groups of people who protect each other by paying a part?

• Mutualidades

• Actuario

• Póliza

• Indemnización

Fill in the blank: An actuary calculates the probabilities of something bad happening and helps companies decide how much to ________.

• Pay

• Charge

• Insure

• Risk

Fill in the blank: The person who receives the insurance money is called the ________.

• Actuario

• Asegurado

• Prima

• Riesgo

What is the term for the possibility of something bad happening?

• Riesgo

• Asegurado

• Prima

• Póliza