Premium, A set amount of money that the insured party pays to their insurance company., Cafeteria plan, Coverage that allows workers to choose from a variety of benefits that best suits their needs., Bodily injury liability, A form of insurance that protects you if you are legally at fault for an accident when others are injured or killed., Property damage liability, A form of insurance that pays for damages your car causes to the property of others if you are responsible for the accident., Deductible, The amount of money the policyholder must pay before your insurance company begins to cover the expenses., Claim, A request to your insurance company asking for compensation (money or service) for a loss., Health Savings Account, (HSA) An account that lets you set money aside to pay for future medical expenses., Disability Insurance, Provides you money when you are unable to work because of an injury or illness., Fee for service plan, (FFS) Health insurance that allows you to choose any doctor or hospital you want., Health maintenance orginization, (HMO) An organization that provides health care services to members (you).

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