Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

PF.4A Insurance

PF Insurance

Actuarial Table A table of premium rates based on ages and life expectancies (for life insurance)
Beneficiary A person named on an insurance policy to receive the benefits from the policy
Benefits Sums of money to be paid for specific types of losses under the terms of an insurance policy
Claim A policyholder's request for reimbursement for a loss under the terms of an insurance policy
Coverage Protection provided by the terms of an insurance policy
Deductible The specified amount of a loss that the policyholder pays before the insurer is obligated to pay anything; the "out-of-pocket" amount paid when a claim occurs
Insured The person protected against a loss
Insurer Insurance company who provides insurance coverage for a policyholder
Loss An unexpected reduction in value of the insured's property caused by a covered peril; the basis of a valid claim for reimbursement under the terms of an insurance policy
Peril An event whose occurrence can cause a loss; people buy policies for protection against such occurrences (fire, storm, explosion, accident, robbery, etc)
Probability The mathematics of chance; the statistical likelihood that something will happen
Proof of loss The written verification of the amount of a loss that must be provided by the insured to the insurer before a claim can be settled
Insurance A method for spreading individual risk among a large group of people to make losses more affordable for all
Created by: C.Westcott