Fin. MGMT M6L1 Vocab

A financial agreement between a person and an insurance company to financially protect the person from unexpected events is called __________ .

• insurance
• a credit card

• child care

• sales tax

The type of insurance that financially protects the person against automobile accidents is called ________ insurance.

• home

• life

• auto

• health

The type of auto insurance that pays for anything that you are liable for as a result of causing a car accident is called _____________ insurance.

• home

• liability

• collision

• comprehensive

The type of auto insurance that covers any expenses if you collide with something is called _____________ insurance.

• health

• auto

• liability

• collision

The type of auto insurance that covers any expenses that are not collision-related is called ___________________ insurance.

• life

• auto

• liability

• comprehensive

The type of insurance that financially protects a homeowner from damage costs due to an unexpected event is called ________ insurance.

• health

• life

• auto

• home

The type of insurance that protects a renter from the loss of their possessions inside where they live is called ________________ insurance. 

• health

• renter's

• auto

• life

The type of insurance that financially protects the person from injury and illness is called ______________ insurance.

• health

• life

• auto

• home

The type of insurance the government provides to individuals who are eligible due to low income or disabilities is called ______________. 

• life insurance

• home insurance

• auto insurance

• Medicaid

The type of insurance that provides money when the insured person dies is called ______ insurance.

• home

• life

• death

• frog