Insurance Test

If injured on the job, __ insurance will cover treatment and reimburse lost wages.

• Medicare
• co-payment
• deductible
• workmens' compensation

Provides payments for both liability and property insurance on a vehicle

• disability insurance
• automobile insurance
• coverage
• deductible

The risks covered and amount of money paid for losses under an insurance policy

• emergency savings
• beneficiary
• claim
• coverage

Provides payment to replace earnings during times when workers cannot work due to illness or injury

• disability insurance
• dependent
• emergency savings
• beneficiary

Cash set aside that can be used to cover the costs of unexpected expenses

• emergency savings
• emergency spending
• emergency fraud
• emergency share

Provides money to pay for health care for illness, injury, or, in some cases, preventative care

• automobile insurance
• disability insurance
• health insurance
• personal insurance

Employers may offer employee benefits in the form of products or services that add extra value for employees beyond earned wages

• disability insurance
• employee benefits
• health insurance
• automobile insurance

Insurance shifts the risk of big financial loss from the individual to the insurance company.

• True
• False

Insurance policy that covers the "real" costs associated with replacing personal belongings, structures, and vehicles.

• Property
• Liability
• Life
• None of the Above

Which type of insurance protects against loss due to death?

• Life
• Health
• Disability
• Long-Term Care