Auto Insurance
The amount of money the insurance company agrees to pay for an incident is called _________.
Coverage
True
Life insurance guarantees your loved ones get a certain amount of money when you _______.
Pass Away
False
What is the purpose of disability insurance?
Helps pay for living expenses in case you are hurt and can't work
What kind of insurance coverage is responsible for if covering your car and the other person's car if you get in an accident?
Collision
Homeowners insurance costs are __________. in states that are most susceptible to hurricanes, floods or tornadoes.
Higher
What time of life insurance is usually viewed as a type of scam? At least a as a bad investment...
Whole life
What is the name of the fee you pay when you go to the doctor?
co-pay
A policy replaces 60% of a $5,000 monthly salary. How much does it pay per month?
$3,000
Comprehensive coverage pays for loss or damage to your car caused by _________.
Anything other than a collision
True or False: Homeowner's insurance covers the rebuilding costs of your home.
True
What happens to the money you spent on term life insurance once the term runs out?
It's gone
Medicare and Medicaid are examples of...
Government programs for public health insurance
Own occupation disability insurance will pay you if you...
Can't do the job you were educated to do
This is the type of insurance that covers the other driver in case of an accident:
Liability Insurance
This type of home insurance covers the structure of your home.
Dwelling Insurance
Through the Affordable Care Act, you can stay on your parent's health insurance until...
You turn 26 years old
A high-deductible health plan with lower monthly premiums is a good option for _________.
Young; healthy people
_____________ will provide money to replace lost income for years - even up to retirement.
Long-Term Disability
What type of insurance pays for the treatment of injuries and losses to the driver and passengers?
Personal Injury Protection
If you're unable to live in your home while it's being repaired, _______ coverage will cover those additional living expenses.
Loss of Use
People who rely on you financially are called your _________.
Dependent
What is umbrella insurance?
Things that fall outside of your home and auto insurance
_____________ will cover you if someone steals your personal information.
Identity Theft Protection