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a deductible

a payout

coverage

A third party

A claimant

An underwriter

a claim

damage

theft

A policy holder

a premium

A loss adjuster

a broker

a policy

makes a claim with an insurance company.

an amount to be paid for an insurance contract

receives insurance protection from someone else who has purchased an insurance policy.

protection provided against risks

assesses the amount of compensation that should be paid after a person has made an insurance claim.

evaluates the risks of insuring a particular person and uses that information to set premium pricing.

the action or crime of stealing

pays the premiums and has the right to make claims.

the amount you have to pay out-of-pocket for expenses before the insurance company will cover the remaining costs

a document detailing the terms and conditions of an insurance contract

a large payment of money, especially as compensation

a demand for money from an insurance company

a person who sells insurance from different insurance companies and earns a commission

physical harm to something, which reduces its value or usefulness