Homeowner or Renter
Health Insurance
Auto Insurance
Vocabulary
General
100

Selecting a higher deductible keeps your premium lower. 

What is true?

100

What are monthly insurance payments called?

What is a premium?

100

A DUI can raise your insurance rates significantly. (True/False)

What is TRUE?  Don't drink and drive! It will increase your cost OR they may not insure you at all.

100

A financial agreement that protects people and businesses from financial losses.

What is insurance?
100

What type of insurance will help pay for surgery on your cat?

What is Pet Insurance?

200

This insurance covers your possessions even if you are away from home. (True/False)

What is True? 

200

This is the portion of the payment you are responsible for when you have a medical procedure or appointment.

What is a co-pay? 

200

When do you need auto insurance?

As soon as you get your driver's license.

200

The amount of expenses the insured must pay before the insurance company will contribute toward the covered item.

What is a deductible?

200

Lydia needs new glasses. What type of insurance will help pay for them? 

What is vision insurance?

300

Homeowners insurance is required if you own a home. (True/False)

What is False? Auto insurance is the only insurance mandated by law, however, if you have a mortgage, your lender will require insurance. 

300

You can typically stay on your parents health insurance until this age. 

What is 26?

300

When renting a car, you need to purchase additional rental coverage. (true/false)

What is false? Your car insurance may already cover this. Doulbe check and it can save you a lot of money!

300

DAILY DOUBLE!!!

You have to be at least 50 years old to apply for life insurance (True/False).

300

What type of insurance do you need to help pay for a broken arm while you are touring Israel?

What is Travel Insurance?

400

If there is a disaster or accident, your insurance will always pay for the damage. (True/False)

What is FALSE. The coverage depends on your policy.

400

Two of the five factors that can affect your health insurance premium?

- location

- age 

- tobacco use

- plan category

- whether the plan covers dependents

400

Auto insurance is required in every state.  (True/False)

What is "False"? (NH does not legally require car insurance.)

400

The person, group, or organization whose life or property is covered by an insurance policy.

What is Insured?

400

Micah's father passes away. His family received money from this type of insurance.

What is life insurance?

500
I don't need flood insurance if I'm not in a flood zone. (True/False)
What is false? The risk is greater in a flood zone, but there are floods in areas that are not in a flood zone.
500

Health insurance is typically less expensive if you can get it through your employer. (True/False)

What is True? Health Insurance is one of the best perks of a full-time job. 

500

When you insure your car, the type of car you have will affect the price of your insurance. (True/False)

What is true? Car type is one of many "risk factors" that insurnace companies consider. 

500

Exposure to danger, harm, or loss.

What is Risk?

500

Luciana gets injured and can no longer work.  What type of insurance will help pay for her lost wages?

What is disability insurance?