Auto Insurance
Life Insurance
Health Insurance
Vocabulary unit 1A
Vocabulary unit 1B
100

The basic minimum coverage required by law.

What is Liability?

What is Premium?

What is the Deductable?

100

The simplest form of life insurance.

What is Term Life Insurance?

What is an Annuity?

What is the Beneficiary?

100

To help cover the cost of doctor appointments, medications, emergency room visits, and surgeries.

What are some reasons that people purchase health insurance.?

What is Co-Payment,?

What is a deductible,?


100

acturial exam

What is a test that students must pass to become professional actuaries. ?

What is a test that students must pass to enter the acturial society,?

100

Compound interest 

What is the accumulation of unpaid interest that allows the value of the investment to grow at a faster rate over time than if the interest was not reinvested.?

What is the accumulation of paid.interest that allows the value of the investment to grow at a faster rate over time than if the interest was not reinvested,?


200

The law requires you to have this type of coverage if you have a loan on your car.

What is Collision?

What is Liability?

What is Uninsured/Underinsured Motorist?

200

The company extends the policy beyond the first term without a physical examination.

What is Permanent Insurance?

What is an Annuity?

What is a Renewable term policy?

200

This is the portion of the bill that the isured is responsible for.

What are some reasons that people purchase health insurance,?

What is Co-Payment.?

What is a Pre-existing Condition,?

200

actuarial science

What is a branch of studying in the finance and insurance industries that deals with rates of change in systems,? 

What is a branch of studying in the finance and insurance industries that evaluates the risks and likely effects of various actions.?

200

Economics

What is a field of study that deals with how money is used and transferred in particular society or throughout the world.?

What is related to earning or spending money,? 

300

This will cover repairs to your vehicle if you are in an accident by a driver who does not have insurance.

What is Collision?

What is Liability?

What is Uninsured/Underinsured Motorist?

300

This type of insurance remains in force throughout the person's entire life.

What is Permanent Insurance.?

What is the Beneficiary,?

What is an Annuity,?

300

The amount of money that the insured has to pay before the insurance company will start paying for services.

What is a Pre-existing Condition,?

What is a deductible.?

hat are some reasons that people purchase health insurance,?

300

actuarial society

What is a professional organization that provides professional accreditation for actuaries.?

What is a professional organization that provides professional help for actuaries.?

300

Financial

What is related to earning or spending money.? 

What is Mario Centeno,?

400
This is the amount of money you pay before the insurance company will cover any damages.
What is the Deductable?
400
This is a financial investment that is sold by Insurance Companies.
What is an Annuity?
400
This is an example of services that are not covered by health insurance companies.
What is Cosmetic Surgery?
400

actuary

What is an individual who monitors processes , and usually works in an insurance of finance related setting.?

What is an individual who evaluates the probability of certain events ocurring, and usually works in an insurance of finance related setting.? 

400

Mortality

What is an area that deals with death in certain places or times,?

What is an area that deals with death and statistical probability of death occuring at certain places or times.?


500
The higher the deductible, the lower this is.
What is Premium?
500
The person named on an insurance policy who will recieve money in the event of death.
What is the Beneficiary?
500
An illness or medical condition that the insured had prior to their current policy.
What is a Pre-existing Condition?
500

Calculus

What is an area of mathematics that deals with rates of change in systems.?

What is an area of mathematics that calculates percentage of the insured´s expenses,?

500

Present value

What is something worth that is worth a large amount of money. It may be  listed on aproperty insurance policy,?

What is the current worth sum of money.?

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