Insurance Types

Sally is not feeling well so her mother takes her to the doctor. The doctor tells her she has strep throat, givers her medication, and sends her home to recover. what type of insurance would be used in this case?

• health

• life

• disability

• unemployment

Joey's father is in a car accident and cannot work. What type of insurance replaces his father's earnings?

• property

• disability

• health

• life

David's mother is killed in an automobile accident. What type of insurance would provide his family financial support to cover the paid and unpaid work his mother performed?

• unemployment

• health

• life

• property and liability

The money paid to an insurance company to purchase a policy is a premium

• true

• false

The amount paid out of pocket by the policyholder for the initial portion of a loss before insurance coverage begins is called the policy

• true

• false