While driving to the store, you swerved to miss a dog and drove into a tree. You, the dog, and the tree are alright, but it's obvious that it will cost several thousand dollars to fix your new car. You have insurance, but you didn't really read your policy.

When you pull out your policy, what type of coverage are you hoping to see on it?

According to NEFE, ___________ means that you use various ways to deal with potential personal or financial loss.

____________ is protection against large-scale financial loss, according to the NEFE program.

According to NEFE, what is a "deductible"?

T or F: According to the NEFE program, any time someone else is dependent on your income to help pay their bills, you need life insurance coverage.

Compensation for specific potential future losses in exchange for a periodic payment

The process of analyzing exposure to risk and determining how to best handle such exposure

The periodic payment made on an insurance policy

The amount of a loss that an insurance policy holder has to pay out-of-pocket before reimbursement begins

_________A contract that specifies what risks are covered and how much will be paid for losses

___________The risks covered and amount of money paid for losses under an insurance policy

________Money paid to purchase the policy

____________is the protection against large scale loss

________insurance is a type of insurance that every vehicle on the roadways must have in accordance with state law?

T/F Health insurance can be obtained as an individual or through your employer?

T/F The government automatically takes a form of health care payment out of your payroll check?