Book 1 U3+4

What are some different types of insurance for homes?

• Auto insurance

• Renter's insurance, landlord insurance, and home insurance

• Disability insurance

• Health insurance

Renter's insurance is used ______

• to cover the owner's property

• to cover the renter's personal belongings

• to protect against natural disasters

• to cover home maintenance costs

Dental insurance usually cover _____

• preventative health care

• care of the teeth and mouth

• chronic illnesses

• long-term medical care

What is the main difference between regular health insurance and long-term care insurance?

• Health insurance covers dental care, but long-term care does not

• Long-term care insurance is for specialized, ongoing care, while health insurance covers general medical care

• Health insurance is only for emergencies, while long-term care covers general medical care

• Long-term care insurance only covers dental work

Gap insurance prevent _____

• losses when damages exceed the value of a vehicle

• medical expenses for chronic conditions

• financial losses due to theft in a rented home

• costs associated with long-term care

Which of the following is true about specialized insurance?

• It only covers personal possessions.

• It is beneficial to all individuals.

• It is designed for specific industries.

• It is the same as all-risk insurance.

Which industry might benefit most from media liability insurance?

• education

• communications

• health care

• agriculture

A customer who enters into an insurance policy agreement with an insurance company is called a policy ______

• permission

• property

• injury

• holder

If you go on a vacation to another country, you can purchase_______ insurance in the event some kind of unforeseen accident occurs and may require you to seek medical attention.

• car

• home

• travel

• rental

What is the main purpose of renter's insurance?

• To cover the cost of repairing the building where the tenant lives

• To protect the landlord's property from tenant damage

• To provide coverage for the tenant's personal belongings and liability

• To ensure tenants pay rent on time