Insurance Types

The type of insurance that provides protection against financial loss from medical bills is called

• health insurance
• coinsurance
• life insurance
• premium

What are the major categories for insurance?

• Life

• Auto

• House

• Health

• All the above

The out of pocket cost to the insured when a loss occurs is called...

• Premium

• Deductible

The amount paid for insurance is the

• closing cost
• premium
• deductible
• assessed value

The type of insurance that provides protection against financial loss from medical bills is called

• health insurance
• coinsurance
• life insurance
• premium

This type of insurance pays the fees of other doctors who see you in or out of the hospital.

• hospitalization insurance
• disability insurance
• medical insurance
• life insurance

This type of insurance should pay for damages if a tree that goes through your roof.

• Product

• Health

• Homeowners

• Life

Who needs auto insurance?

• Nobody

• People that think they will get into an accident.

• All people who drive cars.

• People who can afford it.