Insurance Vocabulary
What provides protection for financial loss?
What is insurance?
How many states require motorists to have auto insurance?
What is 48?
What insurance do I need for protection for injuries to other people on your property?
What is liability?
True or False - Your premium is determined by your risk.
What is true?
What is the type of insurance offered by your employer if you get ill or injured?
What is Health insurance?
What do we call the possibility of financial loss?
What is risk?
What is the coverage needed for protecting people in your vehicle and others involved in an accident?
What is liability insurance?
What insurance do I need to cover the belongings in my home?
What is Personal Property?
Who gets the money from a life insurance policy if you die?
Who is a beneficiary?
You can stay on your parent's insurance policy until you are __________ years old.
What is 26?
What do we call a contract between you and your insurance company?
What is a policy?
What type of coverage is needed for things that happen to your vehicle that are not car accidents?
What is comprehensive insurance?
What insurance do I need for protecting my house and other structures on my property?
What is Structures insurance?
What is insurance for your entire life called?
What is Whole Life insurance?
What do you call the amount of money you'll pay out of pocket before insurance kicks in?
What is a deductible?
What is the amount you pay each month for your insurance?
What is a premium?
I ran a stop sign and hit another vehicle. What type of insurance do I need to take care of this?
What is Auto/Collision?
What insurance pays for a place to stay if my home is destroyed?
What is Additional living expenses insurance?
What is insurance for a particular time period called?
What is Term Life insurance?
What do you call the most you'll ever have to pay in a year?
What is out-of-pocket limit?
What do you call the amount you must pay out of your own pocket before the insurance company pays?
What is the deductible?
A vehicle ran a red light and hit my car, but they did not have insurance. What type of insurance coverage should I have bought to cover this situation?
What is Uninsured Motorist?
What is the type of insurance required by lenders when someone is taking out a mortgage loan?
What is Homeowners insurance?
Two types of life insurance are ____________ life and _____________life.
What is whole and term?
What do you call the amount you pay when you need a specific appointment, health service or medication?
What is a co-pay?