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100
Insurance to protect a car owner in the event of an accident or damage to the vehicle
What is Auto insurance?
100
Insurance that covers you in the event of illness or injury
What is Health Insurance?
100
A policy that covers a loss due to damage, theft or injury within one's home.
What is Homeowners Insurance?
100
A type of insurance designed to replace income lost due to death.
What is Life Insurance?
100
An insurance policy that pays off the remaining balance of the insured person's mortgage at death.
What is Mortgage Life Insurance
200
Life insurance coverage for a specified period of time
What is Term Insurance?
200
Type of insurance that contains a low-yield savings plan within the insurance policy; more expensive than term life insurance
What is Whole Life Insurance?
200
Policy that covers the cost of nursing home or in-home care; recommended for everyone over age 60.
What is Long term Care Insurance?
200
Insurance that provides coverage for accidents, damages and losses in a rental.
What is Renter's Insurance?
200
Known as permanent life insurance.
What is Cash Value insurance?
300
In regards to health insurance, paying a set amount per medical visit.
What is co-pay?
300
Applies to the amount of protection you have through an insurance company in the event of a loss
What is Coverage?
300
amount you have to pay out of pocket for expenses before the insurance company will begin to cover the remaining costs.
What is Deductible?
300
Describes the type of coverage in an insurance agreement.
What is Policy?
300
Paper work filed with an insurance company in order to get them to cover a loss.
What is a Claim?
400
Portion of auto insurance that covers losses due to vehicle damage in an accident.
What is collision?
400
Pays for damage to your car that is not a result of an accident.
What is comprehensive?
400
The recipient of assets passed on from the death of a friend or relative.
What is a beneficiary?
400
Disability insurance designed to replace lost income for a period of five years or greater
What is Long Term Disability?
400
Amount you pay periodically to purchase insurance.
What is a Premium?
500
What you have to pay
What is Out of pocket?
500
A health insurance plan for self-employed people containing a large deductible
What is Health Savings Account (HSA)?
500
Type of life insurance policy, similar to cash value, but with greater projected returns.
What is Universal life?
500
Type of life insurance that is similar to cash value but buys into mutual funds to project better returns.
What is Variable life?
500
Policy that protects an individual in the event of a lawsuit due to injury on one's personal property or as the result of an automobile accident.
What is Liability insurance?
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