Health and Auto Insurance

A contract between the insurance company and the insured that states the exact terms including what risks are covered is a(n)?

• premium
• policy
• agent
• deductible

The money paid to an insurance company to purchase a policy.

• deductible
• copay
• premium
• co-insurance

The out-of-pocket money paid by a policyholder before an insurance company will cover the remaining costs caused by a loss.

• premium
• copay
• deductible
• co-insurance

John's father passed away. What type of insurance will provide his family with financial support?

• health
• life
• auto
• unemployment

Anthony goes to the doctor and receives a prescription for medication to recover from the flu. What type of insurance can be used in this situation?

• health
• disability
• life
• unemployment 

A formal request to an insurance company asking for a payment when the policyholder has an accident, illness, or injury is called:

• a moral hazard
• a claim
• an insurance adjuster
• a policy review

What type of insurance provides payment to OTHERS if the insured person accidentally causes harm to other people or their property.

• disability
• liability
• worker's compensation
• unemployment

If you fall down in your house and sprain your ankle, what type of insurance might be used?

• life
• auto
• long term care
• homeowner's

What type of insurance might you be able to use if there is a leaky pipe in your rented apartment and the water ruins your things?

• liability
• auto
• renters
• life

What kind of coverage pays for damages to your car if you are at fault?

• Collision

• Comprehensive

• Under-insured Motorist

• Uninsured Motorist