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Unit 4 Insurance

Horizontales
a price paid for above and beyond some basic or intrinsic value
A type of savings account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses
a type of health insurance that employs or contracts with a network of physicians or medical groups to offer care at set (and often reduced) costs
is designed to protect you against financial losses if you're involved in an accident or the vehicle is damaged in some way
a number between zero and one
assess the financial consequences of risks and use mathematics, statistics and financial theory to analyze and determine the financial impact of uncertain future events
a contract between an individual or business with an insurance company to help provide financial protection and mitigate the risks associated with certain situations or events
Verticales
The amount you pay for covered health care services before your insurance plan starts to pay
provides you with a portion of your income for a certain period of time in the event that an illness or injury prevents you from working
is one of many types of health insurance options available. A distinguishing feature of a PPO is the ability to see doctors as you please, with low rates for providers within the PPOs network
An agent has the power to enter into contracts on behalf of the principal
an insurance policy designed to pay out if the insured person dies
an employee benefit that allows you to set aside money, on a pre-tax basis, for certain health care and dependent care expenses