The Importance of Insurance
Insurance helps you transfer the ___ from your bank account to the insurance company.
What is risk?
It is wise to have ___ because even if you are a great driver, there are plenty of people who aren't.
What is Liability insurance?
This type of homeowners insurance covers the structure of your home.
What is dwelling insurance?
Through the Affordable Care Act, you can stay of your parents' health insurance until you ___.
What is turn 26?
Life insurance guarantees your loved ones get a certain amount of money when you ___.
What is die or pass away?
The amount of money the insurance company agrees to pay for an incident is called ___.
What is coverage?
Comprehensive coverage pays for loss or damage to your car caused by ___
What is anything other than a collision?
True or False: Renters insurance will cover you and your belongings if there is ever a fire, theft, or vandalism.
What is True?
This type of disability will pay you if you can't do the job you were educated/trained to do.
What is own occupation?
The purpose of life insurance is to replace your ___ when you die.
What is income?
True or False: In return for paying the insurance company a fee, they will pay for certain expenses or damages?
What is True?
This type of insurance pays for the treatment of injuries and losses to the driver and passengers.
What is personal injury protection
Homeowners insurance costs are ___ in states that are more susceptible to hurricanes, floods or tornadoes.
What is higher.
Disability insurance isn't meant to make you ___, but to pay your bills when you need it.
What is rich?
According to Dave, ___ life insurance is a scam to make the insurance companies rich.
What is Whole life?
What are two examples of government programs for public health insurance?
What are Medicare and Medicaid?
The amount you pay before the insurance company will make a payment.
What is a deductible?
This insurance if for things that fall outside your home and auto insurance policy.
What is umbrella insurance?
A high-deductible health plan with lower monthly premiums is a good option for ___.
What is young, healthy people?
People who rely on you financially.
What are dependents?
Your ___ has all of the information you need in case of an accident.
What is an insurance card?
What are two ways to lower your automobile insurance costs?
What are getting good grades, driving safely, driving an older car, shopping around, etc?
If you are unable to live in your home while it is being repaired, ___ coverage will cover those additional living expenses.
What is loss of use?
The cap on the total of benefits you can get from your insurance company is called ___.
Most insurance companies allow a ___ during which you can pay your premium before you lose coverage.
What is a grace period?