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the amount of money that the insurance company will pay if the policyholder decides the insurance is no longer needed
assigned risk plan
basic health coverage
deductible
coinsurance
bodily injury liability
depreciation
beneficiary
cash value
the decrease in value of a property as it becomes old and gradually wears out
assigned risk plan
basic health coverage
deductible
coinsurance
bodily injury liability
depreciation
beneficiary
cash value
the amount the insured must pay before the insurance company pays a claim.
assigned risk plan
basic health coverage
deductible
coinsurance
bodily injury liability
depreciation
beneficiary
cash value
protection provided by regular medical, hospital, and surgical insurance
assigned risk plan
basic health coverage
deductible
coinsurance
bodily injury liability
depreciation
beneficiary
cash value
insurance that protects a driver from claims resulting from injuries or deaths for which the insured is at fault
assigned risk plan
basic health coverage
deductible
coinsurance
bodily injury liability
depreciation
beneficiary
cash value
the person named in an insurance policy to receive the insurance benefits
assigned risk plan
basic health coverage
deductible
coinsurance
bodily injury liability
depreciation
beneficiary
cash value
the sharing of expenses by the policyholder and the insurance company
assigned risk plan
basic health coverage
deductible
coinsurance
bodily injury liability
depreciation
beneficiary
cash value
a plan in which every automobile insurance company in the state is assigned a certain number of high-risk drivers based on the amount of insurance each company sells
assigned risk plan
basic health coverage
deductible
coinsurance
bodily injury liability
depreciation
beneficiary
cash value
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