Matching Pairs Risk Chp. 10 Online version Risk Chp. 10 by Ryan Brown 1 Deductible 2 Other Insured 3 Named-Perils Policy 4 Contribution by Equal Shares 5 Conditions 6 Endorsements 7 Calendar-year deductible 8 Open-Perils Policy 9 Aggregate Deductible 10 Additional Insured provisions inserted in an insurance contract that qualify or place limitations on the insurer's promise to perform. coverage by an insurance contract that promises to pay only for those losses caused by perils specifically listed in the policy. persons or parties who are insured under the named insured;s policy even though they are not specifically named in the policy. deductible in some property and health insurance contracts in which all covered losses during a year are added together and the insurer pays only when the aggregate deductible amount is exceeded. coverage by an insurance contract that promises to cover all losses except those losses specifically excluded in the policy. amount payable by an insured during a calendar year before a group or individual health insurance policy begins to pay for medical expenses. a provision by which a specified amount is subtracted from the total loss payment that would otherwise be paid. written provision that adds to, deletes, or modifies the provisions in the original contract. type of other-insurance provision in liability insurance contracts that require each company to share equally in the loss until the lowest limits of liability under any policy or until the full amount of loss is paid. person or party who is added to the named insured's policy by an endorsement.
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