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Insurance Definitions

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  • The extra costs that you have to pay the insurance company for getting an insurance policy.
    Fee
  • Is the customer who holds the insurance policy.
    Policyholder
  • 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
  • I was in a car accident so I had to make a _____.
    Claim
  • This is what we call the  insurance company.
    Insurer
  • I made sure I paid the premium before the _________ .
    Expiration date
  • Mention at least 3 types of insurances.
    Health insurance, home insurance, auto (liability) insurance, life insurance, disability insurance.
  • A company providing protection against a possible eventuality.
    Insurance
  • When you are legally responsible of something (ex. accident).
    Liability/ liable for
  • Is the amount of money paid to insurance company for your insurance policy.
    Premium