When an insurance policy is terminated/finished before it was originally agreed to, it is called a, cancellation, Another name for the 'small print' of an insurance policy, is the, terms and conditions, A different way to say what things/situations the insurance company 'will pay for', is, cover, When you don't pay income tax for the amount of money that you are spending on an insurance policy, it is, tax deductible, A company that is well-known and has a good reputation, is called a, reputable company, The amount of money you pay each month for an insurance policy, is called a, premium, The time an insurance company gives a customer to pay a premium after they should have paid, before they cancel the policy, is called the, grace period, A 'request' to an insurance company to give you money or pay for something, is called a, claim, Another way to say somebody is 'legally responsible' for something, is, liable for, The situations that are not covered in an insurance policy, are called, exemptions, The person who owns an insurance policy, is called the, policyholder, The extra costs that you have to pay the insurance company for getting an insurance policy, are called, fees, The date when an insurance policy 'finishes', is called the, expiration date

Insurance

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