Glossary

Glossary definitions provided in part by the Jump$tart Coalition for Personal Financial Literacy.

Insurance, Auto: Provides liability and property damage coverage under specific circumstances.

Insurance, Auto: A type of insurance that provides liability and property damage coverage under specific circumstances.

Insurance, Auto: A type of insurance that provides liability and property damage coverage under specific circumstances.

Insurance, Claims: A notification to an insurance company requesting payment of an amount due under the terms of the policy.

Insurance, Claims: A notification to an insurance company requesting payment of an amount due under the terms of the policy.

Insurance, Collision: A type of insurance designed to pay for the repair or replacement of the policy owner's car in the event of an accident, no matter who caused the accident.

Insurance, Collision: A type of insurance designed to pay for the repair or replacement of the policy owner's car in the event of an accident, no matter who caused the accident.

Insurance, Disability: A type of insurance that replaces a portion of income lost when a person cannot work because of illness or injury.

Insurance, Disability: A type of insurance that replaces a portion of income lost when a person cannot work because of illness or injury.

Insurance, Disability: Replaces a portion of income lost when a person cannot work because of illness or injury.

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