You Hit What
$25K/$50K/$15K are examples of what?
State minimum car insurance coverages
Your twin 17 y/o sons are about to complete drivers ed. What policies should you review before they hit the road?
Auto Insurance, Health Insurance & Life Insurance
The amount of time after the premium is due in which a policyholder can make a premium payment without suffering a lapse in coverage.
Grace Period
One way to save money on multiple policies is to do what?
Bundle them together with the same company
You backed into the garage door on your first driving lesson.
Homeowner Insurance & Care Insurane
If you want to lower your policy premium, you can raise what aspect of the policy?
Deductible
Your 810 credit score dips 100 points because someone took out a line of credit and never paid the bill. What would have prevented this liability?
Identity Theft Protection
The most a policy-holder has to spend for covered services in a year.
Out-of-Pocket Maximum
If you are the beneficiary on a life insurance policy, you receive what?
The total amount of the policy
You slipped on ice at work and were knocked unconscious, you received a bill for the full amount because no one knew you had insurance.
Health Insurance Provider
You purchase your dream vacation home in Florida and build it with hurricane rated specs. What should you also inquire about having to cover your home?
Flood Insurance
Mr. Gary's kids are grown and his wife died 10 years before. He doesn't like to travel and has few hobbies. What insurance product should he have in place to ensure his children aren't responsible for his care if his health declines?
Long-Term Care Insurance
Component of auto insurance that pays for medical expenses, lost wages, and other financial losses of the driver and passengers of the policyholder's vehicle.
Personal Injury Protection (PIP)
What is a way to decrease premium on car insurance as a young adult?
Stay on your parent's policy
You ordered concert tickets but didn't realize it the "s" was missing after http and now there are charges putting your account in the negative and new hits on your credit report about new credit card accounts, who do you call?
Identity Theft Protection Servicer
You should get life insurance that is how many times greater than your annual income?
10-12x
It's cold and icy outside and before you make it home you hit black ice and hit the neighbors brand new SUV, the neighborhood mailbox, your pet goat, a city light pole and the tree in front of your house. A branch falls off the tree and puts a hole in the roof of your house, what types of payouts will your parents be responsible for?
Auto Insurance, Pet Insurance, Homeowners Insurance
A person who relies on someone for financial support
Dependent
The purpose of insurance is to do what?
Transfer risk
Grandpapa Earl John has lost his hearing, sight and is losing his memory. He can no longer live at home alone, which type of policy insurer do you call?
Long-term Care Insurance
What percentage of renters have renters insurance?
37%
When you have a minimum of $500k in assets, you should invest in this form of insurance coverage.
Umbrella Insurance
Optional extended liability coverage that can be added to auto and homeowners policies
Umbrella Insurance
This life expectancy chart is used to determine life expectancy by insurance agents to determine life insurance premiums for an individual based on a variety of factors.