Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
THE PERILS OF HEALTH INS. |
2. Perils of Health Ins. R “Accidental Injury & Sickness. “There are (4) Types of “LOSSES & BENEFITS” For Health-Insurance 1. Loss of Income from (Disability) 2. Medical Expenses 3. Dental Expenses 4. Long Term Care Expenses. |
|
DISABILITY - INCOME |
Disability Income Ins. “Policies” Replace Income Lost while the Insured is Unable to Work. Benefits are”Valued” Meaning the Benefits are(Stated Amounts).- Based on a “Percentage of the Insureds (Lost-Income) |
|
ACCIDENT & DEAT-DISMEMBERMENT |
AD&D - MEDICAL EXPENSES. Medical Expense Ins. Covers the “Cost of Medical Treatment”.- Physician - Fees. Hospitalization and Other Medical Costs that Ensues when the Insured Incurs an Accidental Injury or Sickness. Medical Expense Benefits May Cover the Insured & their “Dependents”. |