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6-2 PERSONAL RISK MANAGEMENT 197-202

Horizontales
Often purchased by elderly people to help with the cost of nursing homes or assisted living.
A policy that remains in effect for a specific period of time
The person designated to receive money from a life insurance policy.
Insurance that provides income to replace a portion of your paycheck when you can't work do to non-work related injury or illness
A policy that does not have a fixed premium or death benefit. It can be changed at any time.
Insurance that pays money to a beneficiary upon the death of the insured person.
Verticales
A life insurance policy that you make with your employer and can take if you leave the job.
A type of life insurance parents may buy to cover the financial needs of their children if they should die while their children are young.
Financial compensation if you are hurt or become ill do to work conditions
Helps you pay for services and out of pocket expenses that are not covered by your main policy
Billing for each stage of a procedure as if it were a separate procedure
A life insurance policy that remains in effect for the life of the insured and builds cash value