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Practice questions for this set
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A legal impediment to denying a fact or restoring a right that has been
previously waived
Choose an answer
1 Estoppel 2 Accident
3 Aleatory 4 Accidental Death Benefits
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Terms in this set (110)
, Accident An unplanned, unforeseen event which occurs
suddenly and at an unspecified place
Accident Insurance A type of insurance that protects the insured
against loss due to accidental bodily injury
Accidental Bodily Injury Unplanned, unforeseen traumatic injury to the
body
Accidental Death and An insurance policy which pays a specified amount
Dismemberment or a specified multiple of the insured's benefit if the
insured dies, loses his/her sight, or loses two limbs
due to an accident
Accidental Death Benefits A policy rider that states that the cause of death
will be analyzed to determine if it complies with
the policy description of accidental death
Activities of Daily Living Activities individuals must do every day such as
moving about, getting dressed, eating, bathing,
etc.
Actual Charge The amount a physician or supplier actually bills for
a particular service or supply
Adhesion A contract offered on a "take-it-or-leave-it" basis
by an insurer, in which the insured's only option is
to accept or reject the contract. Any ambiguities in
the contract will be settled in favor of the insured
Admitted (Authorized) Insurer An insurance company authorized and licensed to
transact insurance in a particular state