Risk & Insurance

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

A policy is a contract between the

Back

Consumer and the insurance company

Front

Your health insurance copay is

Back

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

Front

What does renters insurance cover?

Back

Personal items the tenant owns

Front

It's tornado and storm season. The house you live in now needs roof repairs after the hail damage. Which insurance would be used?

Back

Home Property

Front

A child's parent passes away suddenly. This insurance will help cover the loss of finances.

Back

Life

Front

A bill or money to purchase the policy

Back

Premium

Front

Chance of loss

Back

Risk

Front

This is the minimum required by law, only repairs the vehicle you hit, not your own

Back

Liability