Insurance
Types of Insurance
Deductible
Types of Taxes
Tax Terms
100
The monthly cost of insurance
What is a Premium?
100
Insurance that covers your car.
What is Auto insurance?
100
High premiums
What is the premium amount you would pay if you are high risk?
100
Taxes paid annually to the government.
What is federal income tax?
100
Government agency that collects taxes.
What is the Internal Revenue Service?
200
The amount insurance wants you to pay before they start paying.
What is the deductible?
200
Insurance that covers doctor/hospital visits.
What is Medical?
200
Low premiums
What is the premium amount you would pay if you were low risk?
200
Taxes paid to the state you're in (does not happen to all states).
What is state income tax?
200
A form you fill out only once when you start a job that allows your employer to take part of your paycheck as taxes to send to the IRS.
What is the W-4?
300
The higher the risk you are, the higher the premium you'll pay
What is an inverse relationship of premiums?
300
Insurance that covers the cost of dental visits.
What is Dental insurance?
300
January
What is the date deductibles start over?
300
Taxes you have to pay if you own a home.
What is property tax?
300
A form that is given by your employer annually that summarizes earnings and withholdings for that year.
What is a W-2?
400
When you ask insurance to pay because something happened.
What is a claim?
400
Insurance that covers your death.
What is life insurance?
400
When accidents happen.
What is time you would pay a deductible?
400
A tax everyone pays for anything they've ever bought in stores/ other places.
What is sales tax?
400
A part of your paycheck that is taken away by your employer to be sent to the IRS.
What is Withholdings?
500
A portion on the claim the insurance wants you to pay.
What is a co-pay?
500
Insurance that covers your work/workplace.
What is Business insurance?
500
Lower deductibles.
What is better: higher deductibles or lower deductibles?
500
A tax you have to pay IF you make profits on investments.
What is capital gains tax?
500
Something that is filed once per year with the IRS that is due by April 15 for the previous year.
What is 1040EZ Tax Returns?
M
e
n
u