Insurance - W!SE Terminology Review

___ are paid to the insurance company to insure yourselve against potential major losses.

With an HMO, members must choose a __ to manage your health care.

People can 'gift' up to $13,000 each year to reduce their estate size & beneficiaries pay 0 tax

Basic health care plans cover elective surgeries.

Collision and Comprehensive insurance requires you to pay a __ before your car will be fixed.

A ___ is required every time you visit a doctor.

This type of insurance is considered by some to be an investment as you can borrow against it.

An HMO is the most common managed health care plan.

Whole life Insurance provides insurance for one's whole life and include a cash value account

A floater/rider can be added to homeowners to include ___.

A person who is chosen to distribute the assets of an estate is called a/an __.

A __ provides medical care instruction in the event you cannot.

This type of automobile insurance pays for non-collision damages like a tree branch falling

A person who is chosen to manage a living trust is called a/an __.