• Coordination
of Benefits
This is the level of coverage provided
when an individual has opted for coverage
from more than one policy |
• Out-of-pocket
costs
The amount of money a policy holder
is responsible depending on the service
that was rendered |
• Lump
Sum
This is when the insurance payment
is paid out in one payment and not in smaller
payments over time |
• Beneficiary
A specified individual who is to receive
benefits from the policy who is not the policy
holder |
• Deductible
The monetary amount that the policy holder
is responsible for before insurance coverage |
|
|
• Remember -
No insurance policy is a very bad policy to have. It
is much better to be safe than sorry.
|
• It
is very important to join a company that you
will be able to contact 24/7 |
• Purchase
an insurance plan that can cover your specific
needs when the unexpected happens |
• Check
the renewal options on your policy as they may
vary by company and type of insurance |
• Make
sure to write down the phone number of the company
you select and keep it in a safe place |
• Keep
in Mind-
A few dollars spent today can save you a much
greater amount of money in the future |
|
Do You Need
More Information?
Click
Here For Even
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