Auto
Health
Life
Home
All mixed up
100

Type of auto insurance that helps pay for injuries to you or your passengers, up to a certain dollar amount

What is bodily injury liability,

What is person´s failure to act properly

What is person´s negligence to act properly

What is bodily injury liability,


100
How do health insurance companies protect themselves against financial loss?
What is THE LAW OF LARGE NUMBERS or spreading the risk among a lot of people
100
BENEFICIARY
What is the person who receives the death benefit
100
Any cause of loss
What is PERIL
100
The amount you pay every month or year to have insurance.
What is the PREMIUM?
200

Type of auto insurance that helps pay for damage you cause to property as the driver of the car.

What is property protection liability


What is personal property liability,

200
Health insurance is a ________ that many employers provide to their employees
What is a BENEFIT
200
DEATH BENEFIT
What is the sum paid to the beneficiary upon death of the policy holder
200
List 2 things that are NOT covered by a homeowner's insurance policy
What is BOAT, ATV, ONE OF A KIND ITEMS (JEWELRY, ETC)
200
The amount you pay "out of pocket" before insurance kicks in.
What is DEDUCTIBLE?
300
Un/under insured auto insurance covers what?
What is medical bills, rehab expenses, lost wages, pain and suffering. NOT damage to your car
300
Why would someone buy INDIVIDUAL health insurance
What is they are self employed or the employer doesn't provide insurance for them.
300
List 3 things life insurance money can be used for
What is debt, dependents, living expenses, funeral costs, estate settlement
300
Renter's insurance differs from homeowner's insurance in that it doesn't cover the _____________
What is dwelling/building, only the contents of the dwelling.
300
The amount you pay when you go to the doctor's office is called this
What is CO-PAY?
400
List 3 things COMPREHENSIVE auto insurance covers.
What is fire, theft, vandalism, hitting an animal, flood/hail damage, broken glass.
400
True/False: Health insurance companies can DENY someone coverage based on a pre-existing condition in 2015.
What is False
400
Permanent life insurance is with you for life or until age ____
What is 100
400
List 3 things homeowner's insurance protects against
What is fire, theft, water damage, storms, other perils
400
If you are laid off from a job (not quit or fired), you can potentially get this type of "insurance" benefit by filing for it. The government pays it for a set period of time.
What is UNEMPLOYMENT?
500
List 3 things collision coverage covers.
What is hitting another vehicle or an object, or an overturned vehicle.
500
Name the law that requires individuals to have health insurance coverage.
What is the Affordable Care Act
500
Term life insurance is limited to a specific
What is amount of time
500
Mortgage insurance is necessary if your down payment is less than __________ of the value/sale price of the home
What is 20%
500
Virginia law requires you to carry liability coverage on your auto insurance: True or False?
What is FALSE
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