Understanding Policy Jargon: What Your Insurance Company Isn’t Explaining
Decoding Insurance Terminology Insurance policies are often laden with specialized jargon that can create confusion for policyholders. Understanding terms like premiums, deductibles, copayments, and out-of-pocket maximums is essential for making informed decisions about coverage options. These terms are central to the financial aspects of insurance plans, affecting personal budgeting and healthcare costs. Firstly, premiums refer … Read more
