Auto Insurance
Health Insurance
Buying A House
Life Insurance
Insurance Terms
100

What is the name of the insurance that covers damages done to your car within a collision with another object?

What is collision

100

What is the name of the insurance the pays part of a surgeons fee for a particular operation?

What is surgical expense insurance

100

Where does the money for the closing cost come from?

What is the buyer's bank account

100

Which type of insurance pays a person or people designated to receive funds when an insured person dies?

What is life insurance

100

What is the term used to describe the amount of money you pay before the insurance covers it?

What is the deductible.

200

What is the name of the insurance that covers the damages caused to your vehicle when in an accident with an uninsured motorist?

What is uninsured motorist insurance

200

What is the name of the insurance that covers the cost of a doctor's care that does not require surgery?

What is medical expense insurance

200

What does the HOA stand for?

What is Home Owner's Association

200

Who is a person who receives proceeds from a life insurance policy?

Who is a beneficiary

200

What is the amount of money that you pay at the doctors upfront, while the insurance company covers the rest?

What is the copay.

300

What is the name of the insurance that covers expenses caused to other vehicles of property of another person that you caused?

What is auto liability coverage

300

What are the two major health insurance programs that pay the health care costs of the elderly and the poor?

What is Medicare and Medicaid?

300

What is the term for the money that you pay upfront when first purchasing a house?

What is a down payment

300

Which type of insurance covers a person for a specific period of time?

What is term insurance
300

What is the term used to describe the amount of money that you pay each month to the insurance company?

What is the premium

400

What is the name of the insurance that is used to cover for expenses not caused by another vehicle, like a deer, fire, or a flood?

What is comprehensive insurance

400

What is a group of doctors and hospitals that agree to provide specified medical services to members at prearranged fees?

What is PPO (Preferred Provider Organization)

400

What is it called when the number of homes is greater than the number of potential buyers?

What is a buyers market

400

Which type of life insurance has a premium that stays the same and is paid throughout the policyholder's life?

What is whole life insurance

400

True or false: The higher your premium, the lower your deductible?

What is true

500

What is the name of the insurance that covers any necessary medical expenses if your were in an accident and injured?

What is PIP (Personal Injury Protection) 

500

What is described as a percentage of medical expenses that a policyholder must pay beyond the deductible?

What is coinsurance

500

What is it called when there are more people looking to buy a home than there are sellers?

What is a sellers market?

500

Which type of life insurance provides both savings and death benefits?

What is cash-value insurance

500

What does APR stand for?

What is Annual percentage rate