WorksheetsVocab Quiz Weeks 1 + 2 (MP4)
Total questions: 10
Worksheet time: 5mins
An arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium
Deductible
Premium
Insurance
Brokerage
Insurance for cars, trucks, and motorcycles that provides financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle
Auto Insurance
Life Insurance
Health Insurance
Pet Insurance
A contract that requires your health insurer to pay some or all of your health care costs in exchange for a premium
Life Insurance
Health Insurance
Auto Insurance
Disability Insurance
Insurance that pays out a sum of money either on the death of the insured person or after a set period
Health Insurance
Disability Insurance
Pet Insurance
Life Insurance
Provides income for disabled workers until retirement or a specified age
Life Insurance
Health Insurance
Auto Insurance
Disability Insurance
The amount of money an individual or business pays for an insurance policy
Deductible
Premium
Insurance
Brokerage
A specified amount of money that the insured must pay before an insurance company will pay a claim
Deductible
Premium
Insurance
Brokerage
Providing false statements to an insurance company in an attempt to collect more in insurance benefits
Out-of-Pocket
Deductible
Premium
Insurance Fraud
A type of savings account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses
Checking Account
Escrow Account
Health Savings Account (HSA)
Group Insurance Account
Usually refers to physicians, hospitals or other healthcare providers who do not participate in an insurer's provider network
In-Network
Out-of-Network
Unaccredited
In-house Physician
