What is a premium?
Set amount paid by you to have insurance policy
what is Medicare?
gov. sponsored health care for 65 or older
what was one is the causes of the american revolution?
Taxes
types of credit
credit cards, installment credit
voting privlages and offers dividends
common stock
policy holder
what is the person buying insurance
what is medicate
no or low income gov. provides healthcare if elidable.
what pays for public services?
taxes
plastic cards issued by stores, banks, and businesses
credit card
no voting right, fixed dividends, exchange rates
proffered stocks
what is insurance?
protection from potential loss
what insurance is gov- relief program for those who have lost income due to losing there job?
unemployment insurance
what tax taken straight from income to gov.?
direct tax
fixed monthly payments
installment payment
level of risks
aggressive, moderate, conservative
is there a government role in car insurance?
yes, each state requires a different minimum coverage
what does health insurance not cover?
dental and vision
taxes collected when a person pays for a good or service.
indirect tax/ sales tax
credit score can range from
300 to 850
2 types of retirement accounts
traditional, roth
wat are the car insurance coverages
if your are unable to work for a year due to a disability or retired, if job has what are you able to get?
social security benefit
how much you make after taxes
net income
interest charged on interest from previous month when missed
compound interest
loaning money to gov. or company
bond