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Cigna Terms VERIFIED SOLUTIONS 2023//2024

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Cigna Terms VERIFIED SOLUTIONS 2023//2024 Insurer - ANSWER An entity which provides insurance. Insured - ANSWER A person who buys insurance. Also known as a policyholder or a subscriber. Contract - ANSWER Called the insurance policy. Details conditions and circumstances under which the insurer will compensate he insured. Premium - ANSWER The amount of money charged by the insurer to the insured for coverage. Name the 4 Core Insurance Principles - ANSWER Pooling of Losses, Spread of...

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  • Exam (elaborations)
  •  • 3 pages • 
  • by brilliantstudies • 
  • uploaded  24-02-2024
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