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Insurance Definitions

  •  English    9     Public
    Define some insurance terms
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  • A company providing protection against a possible eventuality.
    Insurance
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  • This is what we call the  insurance company.
    Insurer
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  • Is the customer who holds the insurance policy.
    Policyholder
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  • Is the amount of money paid to insurance company for your insurance policy.
    Premium
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  • I was in a car accident so I had to make a _____.
    Claim
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  • A certificate that acts as proof that a policy has been issued Legal insurance document that describes the terms and conditions of the insurance agreement.
    Certificate of Insurance
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  • I made sure I paid the premium before the _________ .
    Expiration date
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  • When you are legally responsible of something (ex. accident).
    Liability/ liable for
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  • The extra costs that you have to pay the insurance company for getting an insurance policy.
    Fee
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