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Types of Insurance
More Insurance Terms
Types of Taxes
Tax Terms
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100
This type of insurance is for automobiles.
What is auto insurance?
100
The MONTHLY cost of insurance.
What is a premium?
100
This is a tax that the government requires you to pay when you have money coming in.
What is federal income tax?
100
Government agency that collects tax.
What is the IRS?
100
A portion of the claim the insurance wants you to pay.
What is the co-pay?
200
This type of insurance is for doctor's visits and etc.
What is medical insurance?
200
The amount insurance wants you to pay before they start paying.
What is a deductible?
200
This tax is not charged in all states but it is in California.
What is state income tax?
200
This is a form you fill out one time when you start a job.
What is the W-4?
200
Money subtracted from your paycheck.
What is a deduction?
300
This type of insurance covers for the items inside your property, but not the property itself.
What is renter's insurance?
300
When you ask insurance to pay for an accident.
What is a claim?
300
This tax can vary depending on what city you are in.
What is sales tax?
300
This form you receive annually from your employer.
What is the W-2?
300
The day taxes are due for the previous year.
What is April 15?
400
This type of insurance provides for your loved ones when you die.
What is life insurance?
400
A portion of the claim the insurance wants you to pay.
What is a co-pay?
400
This tax is charged if you own a home.
What is property tax?
400
This is your pay before deductions and withholdings.
What is Gross pay?
400
When the taxes you already paid is greater than the taxes owed.
What is get a refund?
500
This type of insurance covers the damages done to the property and the items inside of the property.
What is homeowner's insurance?
500
Males ages 16-25
What is the riskiest group to insure?
500
This tax is only paid if you make a profit on an investment.
What is Capital Gains tax?
500
This is the part of your paycheck you get to keep and spend.
What is Net pay?
500
This is what your insurance pays when your claim is $3000 and you paid $500
What is $2500