Insurance
Types of Insurance
Insurance parties and coverage
Taxes
Types of taxes
100
Covers you in case of an unexpected accident.
What is Insurance?
100
This insurance covers you when your vehicle
What is auto insurance?
100
The company that is giving coverage
What is insurer
100
Government agency that collects taxes
What is IRS?
100
You pay this when you buy something at a store.
What is sales tax?
200
What and how much is covered by insurance.
What is Coverage?
200
This insurance covers you if something happens to your home if you own it.
What is home owners insurance
200
Your pay before deductions and withholdings
What is Gross pay?
200
You pay this for when you are old so you can live when you dont work.
What is Social security tax?
300
The amount insurance wants you to pay before they start paying.
What is a deductible
300
This Insurance gives you coverage when you go to the doctor/hospital.
What is Medical Insurance
300
What and how much is covered by insurance.
What is coverage ?
300
Money deducted from your paycheck (insurance, retirement, savings)
What is Deductions?
300
You pay this tax so you can have healthcare when you are old.
What is medicare tax?
400
When you ask insurance to pay because something happened.
What is a claim
400
This Insurance covers when you croke
What is Life Insurance?
400
The agreement between the insurer and the insured.
What is terms?
400
Your employer withholds taxes and sends them to the IRS.
What is withholdings?
400
You pay this when you own property.
What is Property tax?
500
The monthly cost of insurance.
What is a premium
500
This is the insurance that you need to go to the dentist
What is dental insurance
500
Person covered by insurance
What is insured
500
You receive this from your employer annually.
What is W-2?
500
When your'e disabled and you can't work you still get paid
What is disability tax?
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