The amount you must pay out of your own pocket before your insurance company will start paying for services.
The amount of money paid for the chosen insurance policy.
The maximum amount of money your insurance will pay (sometimes in the year and sometimes in a lifetime).
Premium
The different options of coverage that insurance companies may offer.
A contract/agreement with an insurance company.
Policy
What your insurance policy will pay for based on the plan you chose.
Limit
Plans
Coverage
Deductible
