Level 4: Lesson 4 – Insurance Matching Game
Match the insurance term with its definition.
Click, hold and drag the term to its definition. Good luck!
Insurance
Deductible
Coinsurance
Underwriting
Sharing a portion of the covered loss with the
insurance company.
The periodic payments made to an insurance
company
for coverage.
The process by which an insurance
company assesses risk and sets premiums.
A way to transfer risk to an insurance company
in
exchange for premiums, protecting yourself from financial
losses.
The amount you pay out of pocket before your
insurance kicks in.