Section 6 Quiz: Insurance and Consumer Protection

What is insurance coverage?

• The amount your insurance company is willing to pay    
• The amount you pay to the insurance company each month    
• The amount you pay for visits to a doctor

The dollar amount you have to pay before an insurance plan takes effect and the insurance company starts paying is the __________. 

• Copay
• Premium
• Deductible

What does COBRA status allow you to do?

• Add more people to your insurance plan 
• Stay on your employer's insurance plan after you lose your job    
• Apply for health insurance as an individual     

Which of the following may help you protect against identity theft? 

• Carrying your Social Security card at all times  
• Clicking on pop-up windows to verify their information    
• Contacting your credit card company if you don't receive bills    

Which of the following are debt collectors allowed to do when they're attempting to collect debts?

• Call you late at night
• Contact you at work
• Contact you at home until a certain time.

Which of the following is a car insurance company unlikely to ask for when you're applying for coverage?

• Proof that you have life insurance
• Proof of how many miles the car has driven   
• The number of accidents you've had in the past

Which of the following is true about unemployment insurance coverage?

• It will provide you with the same income that your employer did.     
• It will stop if you don't look for work.  
• It will last as long as you need it.

Which of the following might a homeowner's insurance company be unwilling to cover? 

• Theft
• Person getting injured on your property
• Natural Disaster