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HMO def
Health insurance plan with lower cost of it for in network care.
PPO def
Health insurance plan with higher cost for it and wide variety of care.
Disability def
Provides you with temp $ if you are not able to work
Long term care def
Provides you with $ if you are long term disabled.
Term life def
Will give payment to beneficiary upon death or over a certain length of time.
Whole life def
Guarentees payment upon death at any point+cash payment at age __.
COBRAA def
Option to extend your health insurance if you loose your job.
HSA def
Health-Savings-Account: A side account for people with high deductible healthcare plans.
FSA def
Flexible-Savings-Account: A side account in which $ can be put tax free for medical+childcare.