Insurance

Provides payments for both liability and property insurance on a vehicle

• disability insurance
• automobile insurance
• coverage
• deductible

A formal request to an insurance company asking for a payment when the policyholder has an acciden, illness or injury

• emergency savings
• coverage
• claim
• employee benefits

Provides payment to replace earnings during times when workers cannot work due to illness or injury

• disability insurance
• dependent
• emergency savings
• beneficiary

Provides money to pay for health care for illness, injury, or, in some cases, preventative care

• automobile insurance
• disability insurance
• health insurance
• personal insurance

Which type of insurance is likely to be the lowest priority for a single, working, 24-year-old?

• Health insurance

• Disability insurance

• Life insurance

• Auto insurance

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

• Premium

• Deductible

Each of these factors impacts your insurance premium EXCEPT...

• Deductible amount

• The vehicle you are insuring

• Your credit score

• Your income

A policy is a contract between the

• Policyholder and the injured person

• Driver and the government

• Consumer and the insurance company

• Consumer and the insurance agent

Under current law, until what age can a child stay on their parents' health insurance?

• 18

• 21

• 26

• 29

Your health insurance copay is

• Amount paid out of pocket before your insurance coverage

• Paid by the insurer

• Applied on an annual basis

• A fixed amount of money you pay each time you use your plan