What type of insurance specifically covers damage to a person's home and belongings in case of disasters or theft?

• Auto Insurance

• Health Insurance

• Homeowner's Insurance

• Life Insurance

Which term refers to the amount a policyholder must pay out-of-pocket before the insurance company pays a claim?

• Premium

• Deductible

• Copay

• Benefit

What is the term for the insurance that provides coverage to motorists who are involved in accidents with drivers who either have no insurance or insufficient insurance?

• Liability Insurance

• Uninsured/Underinsured Motorist

• Comprehensive Insurance

• Collision Insurance

Which type of insurance is designed to cover the costs of legal claims made against the insured party?

• Property Insurance

• Health Insurance

• Liability Insurance

• Life Insurance

What does the term 'Grace Period' refer to in the context of insurance policies?

• Time to file a claim after an incident

• Period to renew the policy without penalty

• Time allowed to pay the premium after the due date without losing coverage

• Duration of the insurance policy

What type of insurance is specifically designed to cover long-term services and supports, including personal and custodial care in a variety of settings such as your home, a community organization, or other facility?

• Term Life Insurance

• Health Insurance

• Long-Term Care Insurance

• Disability Insurance

Which insurance type is intended to provide financial support to a person's beneficiaries after their death?

• Health Savings Account

• Life Insurance

• Renter’s Insurance

• Supplemental Insurance

What is the purpose of a Health Savings Account (HSA)?

• To cover rental property damages

• To provide payouts upon the policyholder's death

• To save for future medical expenses in a tax-advantaged way

• To cover long-term disability needs

Which type of insurance is designed to replace a portion of your income if you become disabled and are unable to work?

• Dependent Insurance

• Health Insurance

• Disability Insurance

• Term Life Insurance

What does Renter's Insurance primarily provide?

• Coverage for long-term care

• Financial support for beneficiaries

• Protection for personal property in a rental unit

• Savings for health-related expenses