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Riskes covered and amount of money paid for losses under an insurance policy
premium
policyholder
risk
Life insurance
policy
renter's insurance
coverage
co-insurance
The person who owns the insurance policy
premium
policyholder
risk
Life insurance
policy
renter's insurance
coverage
co-insurance
If you have dependents relying on your income, then you should have this type of insurance
premium
policyholder
risk
Life insurance
policy
renter's insurance
coverage
co-insurance
requires the insured individual to pay a fixed percentage of the loss after the deductible has been paid
premium
policyholder
risk
Life insurance
policy
renter's insurance
coverage
co-insurance
The chance of loss from an event that cannot be entirely controlled
premium
policyholder
risk
Life insurance
policy
renter's insurance
coverage
co-insurance
This type of insurance covers damang/loss of property within a home but doesn't cover loss to the actual home
premium
policyholder
risk
Life insurance
policy
renter's insurance
coverage
co-insurance
The out-of-pocket moeny paid by the policyholder before an insurance company will cover the remaining costs attributed to the loss
premium
policyholder
risk
Life insurance
policy
renter's insurance
coverage
co-insurance
The contract that specifies what risks are covered and how much will be paid for losses
premium
policyholder
risk
Life insurance
policy
renter's insurance
coverage
co-insurance
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