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Name Chapter 20 Life, Fire, and Auto Insurance Vocabulary Matchup Part I A. Amount insured pays 160 1. Beneficiary 2. Cash valueA 3Coinsurance 4. Collision
Name Chapter 20 Life, Fire, and Auto Insurance Vocabulary Matchup Part I A. Amount insured pays 160 1. Beneficiary 2. Cash valueA 3Coinsurance 4. Collision 5. Comprehensive 6. Compulsory 7. Deductible 8. Face amount 9. Indemnity to B. Policyholder .0s C. Result of a nonforfeiture valueoo,80r2 A D Continual premium payments E One to receive face value of life insurance 15 .8 8 ASS oy or to bF.Builds no cash value The insurance company Amount of insurance stated on the policy Periodic payment G. H. L J. K. L. M. N, .IS 8 000.263 000,082 Value of policy when terminated 820 Combination of term and whole life 10. Insured 11. Insurer 12. No-fault 13- Nonforfeiture 14. Premium 15. Paid up insurance O. Blame doesn't matter in payoff 16. Short rate table 17. Straight life 18. Term insurance 19. Endowment insurance S. Options when an insurance policy is terminated Pay for repairs to one's auto Payment to insured from a loss 80% :06 000.02 000,0ea P. Fire, theft Q. Used when insured cancels R. Not optional
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