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20
Oct

Health And Life Insurance Terms

Posted by Susan Mitchell (1) Comment

Health Insurance Terms

Accident And Health Insurance - Coverage for accidental injury, accidental death, and related health expenses. Benefits will pay for preventative services, medical expenses, and catastrophic
care, with limits.

Life Insurance Terms

Accelerated Death Benefits – A life insurance policy option that provides policy proceeds to insured individuals over their lifetimes, in the event of a terminal illness. This is in lieu of a traditional policy that pays beneficiaries after the insured’s death. Such benefits kick in if the insured becomes terminally ill, needs extreme medical intervention, or must reside in a nursing home. The payments made while the insured is living are deducted from any death benefits paid to beneficiaries.
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Category : Insurance | Blog
20
Oct

Auto Insurance Glossary Of Terms

Posted by Susan Mitchell (0) Comment

Here is a glossary of auto insurance terms -

Additional Interest Insured: Another person or company who may be liable for an accident involving an insured or an insured vehicle and who has been named as an Additional Interest Insured under the policy.
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Category : Insurance | Blog