The out of pocket cost to the insured when a loss occurs is called...
Insurance W!SE

Flashcard
•
Financial Education
•
9th - 12th Grade
•
Hard
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27 questions
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1.
FLASHCARD QUESTION
Front
Back
Deductible
2.
FLASHCARD QUESTION
Front
The amount paid monthly for insurance is the
Back
premium
3.
FLASHCARD QUESTION
Front
Insurance that protects your family against financial loss due to your death is
Back
life insurance
4.
FLASHCARD QUESTION
Front
The type of insurance that provides protection against financial loss from medical bills is called
Back
health insurance
5.
FLASHCARD QUESTION
Front
The type of insurance that covers damage or loss to a vehicle from fire, theft, vandalism, or hail is called
Back
comprehensive
6.
FLASHCARD QUESTION
Front
This type of insurance pays the fees of other doctors who see you in or out of the hospital.
Back
medical insurance
7.
FLASHCARD QUESTION
Front
If you can not work due to a health condition or injury, this type of insurance will pay you a portion of the income you lose.
Back
disability
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