Insurance Policy Language

4 words in this vocabulary list

noun a group of words containing a subject and a predicate, typically forming a part of a compound or complex sentence

  • The contract includes a termination clause that outlines the conditions for ending the agreement.
  • Make sure you read the fine print - there might be a hidden clause in there.
  • I didn't realize there was a catch in that clause of the deal.
  • In life, there always seems to be a 'but' clause attached to every opportunity.

noun a disease or period of sickness affecting the body or mind

  • The patient was diagnosed with a serious illness that required immediate treatment.
  • She's been feeling under the weather lately, might be coming down with an illness.
  • I can't go out tonight, I'm feeling really sick - must be some kind of illness.
  • Holding onto grudges is like a mental illness that can eat away at your happiness.

noun Clause is a group of words that contains a subject and a predicate, and is used as a part of a sentence.

  • The contract included a saving clause to protect the rights of both parties.
  • Don't worry, there's a saving clause in the agreement that covers unexpected situations.
  • Hey, did you see the saving clause in the deal? It's like a safety net.
  • Having a saving clause in your plan is like having a backup plan for emergencies.

noun the action of putting something off to a later time; postponement

  • The student requested a deferment of their tuition payment until the following semester.
  • I asked for a deferment on my car loan so I can save up some money first.
  • I'm hoping to get a deferment on my rent this month, things are tight right now.
  • Sometimes it's necessary to seek a deferment on making a decision until all the facts are gathered.