Keyterms
Flat fee a patient must pay for medical services.
Options:
copayment
inpatient
beneficiary
term life insurance
Copayment
____________________ health insurance may be available through an employer, union, or another organization.
Options:
Group
Individual
Property
External
Group
Person whose care requires a stay in a hospital.
Options:
inpatient
copayment
beneficiary
term life insurance
Inpatient
____________________ insurance coverage pays the insured for injuries caused by a hit-and-run driver.
Options:
Uninsured motorist
insured motorist
property damage
Health
Uninsured motorist
Person or organization named by a policyholder to receive the death benefit of an insurance policy after the policyholder's death.
Options:
beneficiary
copayer
next-gen holder
reciever
Beneficiary
A(n) ____________________ is the amount paid toward medical expenses before the insurance company begins to pay.
Options:
deductible
premium
insurance
policy number
Deductible
Identify three types of risks
Personal risks, property risks, and liability risks.
Five types of auto insurance coverage that pay the
insured are ____________________________
Any of the following 5:
medical payments or personal
injury protection (PIP), collision, comprehensive
physical damage, uninsured and underinsured
motorist, roadside assistance, and rental
reimbursement.
What factors are used when determining the cost of
protecting a home and personal possessions?
The cost of protecting a home and personal possessions depends primarily on the type and amount of coverage, size of the deductible, risk factors of the neighborhood, the insurance company, and opportunities for discounts.