Question

the amount of money that the insured must pay before the insurance company starts to pay their share is called the
a regular payment made to the insurance company to maintain the insurance coverage is known as a
the document that outlines the coverage, conditions, and limitations of an insurance agreement is known as the
the type of insurance that covers medical treatments and procedures is called insurance.

Explanation:

• For the first blank, in insurance terms, the amount the insured pays before the insurer starts paying is called a deductible.
• For the second blank, the regular payment to maintain insurance coverage is a premium.
• For the third blank, the document outlining insurance details is a policy.
• For the fourth blank, insurance covering medical treatments is health insurance.

Answer:

deductible, premium, policy, health