Insurance
Types of Insurance
Federal income tax
Taxes
State income tax
100
This is the company giving coverage.
What is the insurer?
100
This protects you against financial lost if you have an accident.
What is Auto insurance?
100
This is a tax on sales.
What is sales tax?
100
This is a government agency that collects taxes.
What is the IRS?
100
This is a levy on property that the owner is required to pay.
What is property tax?
200
This is the person covered by insurance.
What is the insured?
200
This covers the cost of an insured individuals medical expenses.
What is Medical insurance?
200
This is the tax levied on both employers and employees used to fund the social security program.
What is social security tax?
200
This is your pay before deductions and withholdings.
What is Gross pay?
200
This is the tax you withhold from your employees' paychecks to cover the cost medicare expenses.
What is medicare tax?
300
This is the monthly cost of insurance.
What is the premium?
300
This is designed to pay a portion of the cost associated with dental care.
What is Dental insurance?
300
This is a United states federal law that imposes a federal employer tax used to help fund state workforce agencies.
What is unemployment tax?
300
This is the money deducted from your paycheck.
What is deductions?
300
This covers you if you have a disability.
What is Disability tax?
400
This is the amount the insurance wants you to pay before they start paying.
What is the deductible?
400
This pays out a sum of money either on the death of the insured person or after a set period.
What is life insurance?
400
This makes a profit on investment.
What is Capital gains tax?
400
This is when the employer withholds taxes and sends it to the IRS.
What is Withholdings?
400
Disability, Medicare, and property taxes.
What is the names of all the state income taxes?
500
This is the agreement between the insurer and the insured.
What is terms?
500
This provides most of the benefits of homeowners insurance.
What is Renters insurance?
500
Sales, social security, unemployment, and capital gains.
What is all the types of federal taxes?
500
This is the part of your paycheck that is left after deductions and withholdings; The amount you get to keep.
What is Net pay?
500
This is Property taxes.
What is the name of the tax you use for property?
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