Underwriter:The company that assumes responsibility for the risk, issues insurance policies and receives premiums.

Uninsured Medical Costs:Any medical costs that are not covered by your medical insurance. Make sure to include any deductibles.

Universal Life:A flexible-premium, current-assumption, adjustable death benefit policy. Similar to traditional life insurance policies, universal life pays a death benefit and accumulates cash value; however, unlike traditional life insurance policies, a universal life insurance policy allows the policy owner to adjust the death benefit and to vary the amount and/or frequency of premium payments.

Usual, Customary and Reasonable (UCR) or Covered Expenses:An amount customarily charged for or covered for similar services and supplies which are medically necessary, recommended by a doctor, or required for treatment.