What do you call the document an insurance company provides an insured person which lists their coverage?
A policy
15
A false insurance claim is the crime F _ _ _ _
Fraud
15
Another name for car _ _ _ _ _ _ _ _ _ _
automobile
15
The money an insured person pays for a policy is called a ______?
Premium
15
The last date a claim can be made under a policy is called the _______?
expiration date/expiry date
15
A person or company that sells customers policies from a number of insurance companies is called_______________
a broker
15
A specified amount of money that the insured must pay before an insurance company will pay a claim. D _ _ _ _ _ _ _ _ _
Deductible
15
The type of coverage that pays for the damages to your vehicle sustained as a result of a crash with another vehicle or object.
collision
15
The person(s) designated to receive the proceeds of the life insurance policy upon the death of the Insured.
Beneficiary
15
The type of coverage that lasts for only a specified period of time and has a defined ending date. The face amount would be paid to the designated beneficiary if the Insured dies while the policy is in force.
Term Life
15
Coverage options that can be added to an insurance policy, sometimes for a fee. These benefits are subject to limitations and exclusions as detailed in them.
Riders
15
That’s the amount that will be paid to the named beneficiary upon death of the insured (less any outstanding policy loans and interest. (2 words)
Death Benefit
15
The type of coverage that pays for damage to your vehicle sustained as a result of fire, theft, vandalism, or various other stated causes
Comprehensive
15
The type of coverage that pays for injuries, including death, which you and/or other occupants of your vehicle sustain as a result of a collision with an uninsured driver who is at fault. (3 words)
Uninsured Motorist Coverage
15
Insurance which covers the costs or doctors, hospitals, medicines etc.
