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BusLawVocats8.03

QuestionAnswer
person appointed by the court to look after the estate of a person who died without a will Administrator
a limited medical insurance covering hospital, surgical and medical expenses Basic Health Insurance
amendment to a will Codicil
an insurance policy that covers a fixed percentage or flat dollar amount of various forms of dental work Dental
physical or mental inability that substantially limits one or more of the major life activities, such as employment Disability
protects the insured against financial consequences of loss of income stemming from accident or illness Disability Income Insurance
person named in a will to carry out the terms of the will Executor
permission given for tests and treatments, the moment the patient enters the hospital General Consent
persons who inherit by right of relationship Heirs
will written in handwriting of the decedent Holographic
an individual’s own personal pension plan (IRA) Individual Retirement Account
procedure which requires physicians to tell patients in advance of any risks involved in forthcoming treatment; must be in writing Informed Consent
person who dies without a will Intestate
a retirement plan that may be set up only by people who are self-employed or who own all or part of an unincorporated business such as a sole proprietorship or partnership Keogh
a broad medical policy covering in patient and outpatient hospital care, long term hospitalization, home nursing care, prescription drugs, physicians visits, surgery and laboratory tests Major Medical Insurance
federal assistance for people age 65 and over and some disabled individuals; provides medical and hospital insurance Medicare
oral will Nuncupative
ability to transfer pension benefits from one job to another Portability
stage in life when most people stop working Retirement
a government sponsored insurance plan paid for by employee and employer matching contributions providing benefits for Retirement, Survivors, Disability and Health Insurance (RSDHI) Social Security
loss of job through no fault of the employee Unemployment
act of giving a worker a guaranteed right to receive a future pension Vesting
an insurance policy that covers a fixed percentage of cost for eyeglasses, contact lenses, and doctor’s appointments Vision
document drawn up and signed by persons during their lifetime to provide for distribution of their property upon their death Will
A man who makes a will Testator
A woman who makes a will Testatrix
special court where a will can be contested and proved Probate Court
Leaving a gift (bequest) Legacy
Created by: melinda.fornes