Posted on July 20, 2013December 21, 2016
A fixed flat dollar amount (for example, $10 or $15) that you pay toward a covered healthcare service, usually when you receive the service.
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A form of Term Life Insurance that provides protection for a person’s “expectation of life.” This becomes the term of the policy, as opposed to the ordinary Term policies which are for a given number of years or to a stated age, such as 65.