amount paid to the beneficiary upon your death.

the front page of your policy containing information such as the exact name of your insurance company, the policy number, your coverages, the amounts of your coverages, and your deductibles.

the rejection by a life insurance company of a life insurance application.

a term life policy in which the death benefit goes down.

the amount you must pay from your own pocket for each claim or accident before the company pays on a claim. The bigger the deductible, the cheaper the coverage.

the decrease in value of your vehicle or its parts due to wear, tear, and age.

a feature of some policies for the waiver of premium if the policyholder becomes permanently and totally disabled.

HMOs contract with health providers to provide services at discounted rates.

money paid annually to a policyholder as a partial return of the paid premium on participating insurance to reflect a company’s favorable operating experience. Dividends are not guaranteed.

see accidental death