Auto Insurance
True or false
I am driving down the road and a deer jumps out in front of me. I have collision coverage so my insurance will pay.
What is False
A form of property insurance that covers losses and damages to an individual's residence, along with furnishings and other assets in the home.
What is Home insurance?
Government-sponsored program that offers low-cost medical insurance for older Americans
What is Medicare?
Mortgages, car payments, living expenses, college loan payments and funeral expenses.
What are the financial obligations?
I back into another car while backing out of a parking space. What coverage will pay to fix the other persons car?
What is Property Damage
Dwelling, Other Structures, Personal Property, Loss of Use, Personal Liability and Medical Payments coverages.
What is covered by home insurance?
Pays for medical and damage expenses for your and your passengers no matter who is at fault.
What is medical payments coverage?
Life insurance sold in conjunction with installment loans.
What is credit life insurance
The least amount of coverage for bodily injury in Florida
What is None
location, age, and type of building.
use of the building (residence and/or commercial)
the proximity of fire protection services.
What affects your home insurance?
Three of the four areas basic health insurance should cover.
What is Hospitalization, Surgery, Outpatient Services, Major Medical?
Life insurance that provides a master policy for a group; each eligible group member receives a certificate of insurance.
What is group life
My mom is in town and she borrows your car. Her insurance will pay. True or false
What is False.
protects consumers' homes and personal property
what is home insurance
This is a combination plan that includes a health insurance policy with a high deductible and a tax deferred savings plan
What is a Medical Savings Account?
A term life policy provision allowing the insured to convert the policy to a comparable whole life policy
What is convertability
What is the coverage that pays your medical bills if you you have an accident
What is Gap or Loan Pay-off coverage
Pays for repairs to home and other structures post disaster, pays for costs to bring home up to current building codes.
What is Earthquake insurance
A period of time each year you can make changes to a health plan
What is open enrollment?
Insurance that provides only death benefits, for a specified period, and does not provide for the accumulation of cash value.
What is term life