English Language Proficiency Tests-Advanced Level''''sarchiveReal Life: Insurance Terms (2) pdf

English Language Proficiency Tests-Advanced Level's
archive
Real Life: Insurance Terms (2)
1.A is a person who is named by a policy holder and
compensated by an insurance company when a policy
holder dies. This person is the one who receives the
money that is paid out by the insurance company.

broker
agent
beneficiary
bond
2.In the United States, a payment is a partial
payment made by a person who received medical care
while covered under a group medical insurance plan.

un
co
pre
post
3.Some insurance policies include disability . These
are compensation terms that are in place should a policy
holder become partially or fully disabled in the event of an
unforeseen accident.

orders
statements
quotes
benefits
4.In order to lower insurance premiums, some people opt
for a . This is an agreed upon amount that must be

paid by a policy holder before an insurer pays out any
compensation.

deductible
association
surcharge
fee
5.If a person fails to pay their insurance premiums on time,
his/her account will fall into a state.

delinquent
rate
condition
total
2.When people enter into a insurance policy, they do
this so their families are taken care of and compensated
should the insured parties die.

death
life
demise
dying
7.A no insurance plan means that your own
insurance company pays you for any injuries and/or
property damage that occurs in minor accidents —
regardless of who is to blame for the accident.

error
fault
circumstance

run
8.An insurance policy is coverage that is continued
past the specified, original term dates.

renewal
sign
exam
rental
9.A option is alternative method of payment, other
than a lump sum payment, that a beneficiary can choose
when a pay-out is underway.

state
provincial
settlement
choice
10.Workers' insurance is a policy that is taken out
by companies in the event employees are injured or killed
at work.

compensation
job
employers
requirement