So where can you investigate all of the wierd and wonderful terminology associated with the insurance industry? Below are a list of links to complete A to Z's of insurance wording.
Here is the A-Z glossary of insurance terms provided by the AIA in the USA.
Here is the equivalent A-Z glossary provided by Lloyds Of London Insurance.
This is a glossary of insurance terms provided by Comminsure in Australia.
Age Concern compiled a report on how difficult it can be for senior citizens to get insurance for car rental and travel. 29% of people over 75 felt discriminated against when they tried to obtain a quote for insurance.
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It is up to you pick the right insurance policy. Nobody else can make that judgement for you.
It is your responsibility to have the correct insurance that is fit for purpose. Failure to do so will expose you to either government fines or legal claims against you. It is your duty to protect yourself.