Budgets, Taxes, and Insurance

A plan on how to spend and save money

• Saving

• Spending

• Budget

• Income

Basic needs that a household must pay for such as housing, groceries, healthcare, utilities, etc.

• Spending

• Saving

• Expenses

• Budget

An type of car insurance policy that provides complete protection.

• Deductible

• Comprehensive

• Liability

• Total

The amount you must pay on a claim before the insurance company will pay.

• Premium

• Policy

• Loss

• Deductible

The person to whom an insurance policy is issued.

• Agent

• Salesman

• Broker

• Policyholder

A payment made monthly, twice a year, or yearly, for an insurance policy.

• Premium

• Copay

• Tax

• Benefit

Automobile, home, and renters are types of

• Property Insurance

• Adjustable Insurance

• Premium Insurance

• Life Insurance

Chance or possibility of injury, damage, or loss that someone may want an insurance policy to cover.

• Debt

• Risk

• Premium

• Agent

To commit money to gain a profit or earn interest.

• Invest

• Banking

• Stocks

• Bonds

The amount of money an insurance policy holder must pay on a claim before the insurance company begins to pay. The higher this is, will usually result in a lower premium.

• Premium

• Claim

• Deductible

• Policy