| A | B |
|---|
| Co-payment | In health insurance, the portion the insured must pay before the insurance claim will fulfill the remaining portion of the bill |
| Claim | You must file this with the insurance company to receive money back for services |
| Executor | Before you die,you appoint an __________ to be sure your assets are distributed in the manner you want! |
| Beneficiary | A person who has been given some type of property as the result of a will! |
| guardian | Minor children are given to this person if the parents are deceased |
| deductible | When a loss occurs, this is an amount the insured is liable for prior to insurance covering the rest. |
| Homeowners | Type of insurance that covers your home and its contents for loss. |
| Flood Insurance | Type of insurance needed in Poquoson to protect from rising waters. |
| insured | The person covered by the insurance |
| Comprehensive | A type of auto coverage that helps pay for damage to your vehicle not caused by an accident! |
| Trustee | An appointed person/institution that is to manage property money for someone. |
| Trust | When property of an individual is being help for the benefit of someone else this is called a |
| Will | A legal document explaining how assets and children should be taken care of after your death. |
| Collision | Type of auto insurance that covers damage from cars crashing into each other |
| dependent | In legal terms, when a person cannot be responsible for themselves financially or through insurance. |
| Floater | An insurance rider that covers a specific and valuable product. |
| Uninsured motorist | A person who does not pay for automobile insurance. |
| collision | When your vehicle crashes into another one, this part of your insurance pays for the car damages. |
| living will | This document explains your medical wishes for yourself if an injury or diseases renders you unable to make decisions |
| policy | An agreement between the insured and insurer for specific terms and payments in case of medical, home or vehicular issues. |
