Policy (n) - a contract between the insured and the insurer outlining terms of coverage., Beneficiary (n) - a person who receives benefits from an insurance policy., Insurer (n) - the company providing insurance., Cover (v) - to protect somebody against loss, injury, etc. by insurance, Coverage (n) - the range of protection provided by an insurance policy., Premium (n) - the amount paid for an insurance policy., Deductible (n) - the amount the insured must pay before the insurance covers the rest., Co-payment (n) - a fixed amount paid by the insured for certain services., Exclusion (n) - situations not covered by the insurance policy., Endorsement (n) - a document added to an insurance policy to modify coverage., Estimate (n) - an approximation of the cost to repair or replace something., Claim (n) - a request for payment due to a loss covered by the insurance policy., Settlement (n) - the amount paid by the insurer to settle a claim., Liability (n) - legal responsibility for harm or damage caused.,

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