Consumer Final

Front

The out of pocket cost to the insured when a loss occurs is called...

Back

Deductible

Front

A stone hits your windshield. Which type of coverage would likely cover this expense?

Back

Comprehensive

Front

Jennifer has an auto policy of $20,000/$40,000/$10,000. The $10,000 covers

Back

Property damage per occurrence

Front

Under current law, until what age can a child stay on their parents' health insurance?

Back

26

Front

Your health insurance copay is

Back

A fixed amount of money you pay each time you use your plan

Front

How can you NOT obtain health insurance? Options: Signing up with the insurance program through your employer, Shopping on the Health Insurance Marketplace, Signing up at your family doctor's office, Remaining on your parents' plan if you are under age 26

Back

Signing up at your family doctor's office

Front

Who would likely pay the highest premium on car insurance? Options: 34 year old male, 18 year old female, 18 year old male, 34 year old female

Back

18 year old male

Front

This is made monthly (or on a set schedule) and is a payment the consumer makes in exchange for having coverage.

Back

Premium

Front

The Illinois state minimums of 25,000/50,000/20,000 mean:

Back

You must have at least $25,000 in liability bodily injury for one person, $50,000 for multiple people injured, and $20,000 for liability property damage

Front

Which health insurance plan would be best if your number one priority was to receive the best medical care regardless of cost? Options: PPO: Platinum, HMO: Platinum, PPO: Bronze, HMO: Gold

Back

PPO: Platinum