FM. Insurance Review

Renter's insurance is...

• fairly expensive

• relatively cheap

• unnecessary

The total amount of money that you pay for an insurance policy is known as the...

• premium

• deductible

• co-pay

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

• Premium

• Policy

• Loss

• Deductible

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

• Premium

• Copay

• Tax

• Benefit

Insurance to protect your personal home.

• comprehensive 
• renter's
• property damage
• homeowner’s 

Insurance to protect your personal items in your rented apartment or rented house.

• homeowners
• renters
• property
• liability

Insurance that helps cover your income from a job when you can no longer do your job due to health reasons.

• life
• medical
• long term care
• disability

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

Which of the following is a way to lower your insurance premium?

• have a good driving record

• be involved in sports

• have a parent with you at all times

• buy a sports car