Ch 9 Lessons 4-6 Quiz

You can stay on your parents' health insurance plan until you are ____.

• Out of school

• 26

• 18

• Independent

Health expenses are the number one cause of bankruptcy in America

• True

• False

A ____ deductible means lower premiums.

• low

• high

A platform where individuals, families, and small businesses can compare health insurance plans.

• Affordable Care Act

• Health Insurance Marketplace

• High-Deductible Health Plan

Your _____ is the cap (maximum) total amount of benefits you're allowed to get from your insurance company.

• deductible

• subsidizing

• lifetime limit

Life insurance replaces lost income due to ______

• disability

• death

• accident

• debt

People who are designated by the policyholder to receive the death benefit of a life insurance policy.

• dependent

• beneficiary

• policyholder

You should buy a life insurance policy that is _____ times your annual salary

• 2-3

• 10-12

• 1-2

• 15-17

Which insurance covers you if you're injured and can't work for a period of time?

• Long-term care

• Renter's

• Disability

• Term life

HDHP insurance with health savings account can save you money on what?

• Premiums

• Deductibles

• Claims

• Copays