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Insurance Vocabulary

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  • an amount of money that a customer has to pay to get insurance
    premium
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  • an agreement in which you pay a company money and the company pays the cost if you have an accident, injury, or loss
    insurance
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  • once every year
    annually
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  • to request payment from the insurance company when something goes wrong
    claim
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  • a document that shows the customer has insurance, including all the details of the customer and insurance cover
    certificate of insurance
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  • once every month
    monthly
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  • a notice that reminds you to do something
    reminder
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  • the type of insurance, for example, car insurance, house insurance
    insurance cover
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  • to end or finish
    expire
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  • the date by which a customer must pay the premium
    payment due (date)
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  • to continue your insurance before it finishes
    renew
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  • a list of ways you can pay for your insurance, for example, in-person, online
    methods of payment
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  • to check that the details are correct
    review
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  • the dates that the insurance covers the customer
    period of cover
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  • it shows the amount of money that the customer must pay for the insurance
    amount payable
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