 An illness or injury that leaves a person unable to work

 Pays for care when a person with a serious illness or injury cannot care for themselves for an extended period of time

 Employers are required to have in every state in some form. Covers medical care, treatment, rehabilitation, and a portion of wages from injuries that occur in the workplace.

 May be purchased by Medicare recipients to cover part/all expenses not covered by Medicare.

 A federal law that someone who leaves employment may be eligible to keep insurance coverage at his/her own expense up to six months.

 An illness or injury that a person has at the time he/she enrolls in a health care plan

 A patient’s right to restart coverage annually

 A limit on the number of days one’s care will be covered, or the highest amount that can be paid in benefits for a specific procedure

 A time period during which a person can enroll in a health care plan

 A medical service that is not covered

 Requirement to obtain approval from the plan before having certain treatments or procedures done

 A doctor who provides general medical care and coordinates other health care.

 A group or individual selected to receive the assets of a person when he/she dies

 Assets or gain received by having an insurance policy

 The amount of money payable to a beneficiary as a death benefit when an insured dies

 The length of time it takes an insurance policy to reach it full value

 The amount of money a whole life policyholder would receive if the policy were surrendered before death or maturity.

 A type of insurance that provides coverage for a specific period of time with no investment benefits

 premiums and death benefits stay the same for the life of the policy

 premiums stay the same but the benefits decrease over the life of the policy e.g. for home mortgage

 the insured person can renew the policy without taking a physical

 the insured person can change the policy from convertible to permanent without taking a physical, tends to be more expensive

 (also called cash value life insurance) provides coverage the person’s entire life and includes an investment component

 a type of insurance that provides coverage for a whole lifetime and grows in face value as premiums and cash accumulate.

 coverage for entire life but premiums are higher than whole life because premiums are paid for a set number of years or until a set age

 allows adjustments of premium, face value, and level of protection

 premiums are fixed, but face amount varies with investment results