This (nonmonetary) is transferred from your bank account to the insurance company when you purchase insurance
Risk
If you're young and healthy, medical insurance is not as necessary
False
The purpose of life insurance is to replace this when you die
Income
This 1648 treaty ended the Thirty Years' War and is often credited with establishing the modern system of sovereign nation-states
The Peace of Westphalia
This principle states that it is impossible to simultaneously know both the exact position and exact momentum of a particle.
The Heisenberg Uncertainty Principle
This type of home insurance covers the structure of your home
Dwelling Insurance
This aspect of car insurance covers loss or damage to your car caused by anything other than a collision
Comprehensive Coverage
This type of car insurance pays for the treatment of injuries and losses to the driver and passengers
Personal injury protection
This health plan with lower monthly premiums is a good option for young and healthy people
High deductible health plan (HDHP)
This is the term for the amount of money the insurance company pays for an incident
Coverage
This provides money to replace lost income for years, even up to retirement
Long-term disability insurance
This type of home insurance covers additional living expenses if you cant live in your home while it is being repaired
Loss of Use
Medicare and Medicaid are examples of this
Government programs for public health insurance
People who rely on you financially are called
Dependents
You can get a lower auto insurance cost by doing these things
Get good grades, drive safely, and drive an older car
This type of insurance covers you and your belongings if there is ever a fire, theft, or vandalism (you do not own this home)
Renters Insurance
This is the age you can stay on your parent's insurance until
26
Whole Life Insurance
This type of insurance covers you if someone steals your personal information
Identify Theft Protection
This type of insurance is for things that fall outside your home and auto policies
Umbrella insurance
When you pay an insurance company a fee, they are obligated to do this
Pay for certain expenses or damages
Own Occupation Insurance will pay you if you
Can't do the job you were educated to do
This is the amount of time insurance companies will still cover you even if you havent paid your premium
Grace Period
This is the amount you have to pay before the insurance company will make a payment
Deductible
This is the cap on the total amount of benefits you can get from your insurance company
Lifetime limit