Protect Yourself and Your Assets
Select an insurance topic to master
• Premium: The amount you pay (monthly/annually) to keep your insurance active.
• Deductible: What you pay out-of-pocket before insurance kicks in. Higher deductible = lower premium.
• Copay: A fixed amount you pay for a service (like $20 for a doctor visit).
• Out-of-Pocket Maximum: The most you'll pay in a year. After hitting this, insurance covers 100%.