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6 Cards in this Set

  • Front
  • Back

Insurance

Assistance from insurance company with financial and car repairs

Risk

Likelyhood of loss from an important event that can't be entirely controlled

Deductible

Amount of $ paid out of pocket by policyholder before insurance coverage starts.

Premium

$ made to purchase policy

Co-insurance

Amt of $ after deductible paid jointly by insured & insurance company

Health Insurance

Money that covers medical bills