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Business and Finance Lesson 10: Insurance (Learn English)

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Uploaded by on Sep 25, 2011

We discuss insurance, Types of insurance:
Liability
Health & Dental
Life
Disability
Crop
Vehicle
Earthquake
Why get insurance?
Insurance Terminology
Policy: The contract / document
Premiums: The money you pay to the insurance company
Coverage: The amount of money the insurance company pays if the bad event happens.
Deductible: The amount of money you must pay before the insurance company pays.
Co-Payment: The amount of money PER VISIT (to the doctor) that you pay.
Exclusions: What the insurance does NOT
cover
How to reduce the cost?

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  • HEY PHIL!!! Parlez-vous français? lol

    ..I don't know why I keep commenting random stuff..

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