Understanding what terms like deductible, co-pay, and policy limit mean can help you understand what you're paying for and what you're covered for. What is the meaning of co-pay in insurance?
the maximum amount the insurance company will pay for a claim
(Choice B) the amount the insured must pay out of pocket before the insurance company will pay for a claim
B
the amount the insured must pay out of pocket before the insurance company will pay for a claim
(Choice C) an amount the insured must pay each time they receive a service that is covered by their insurance policy
C
an amount the insured must pay each time they receive a service that is covered by their insurance policy
1 answer
C
1 answer