Show:
Risk
Management
Insurance
Prevention
Policy
100
Insurance that protects a car owner from losses as a result of accidents and other events.
What is car insurance?
100
The person designated to receive money from a list insurance policy.
What is a beneficiary?
100
Insurance that provides income to replace a portion of normal earnings when the insured is unable to work due to nonwork-related injury or illness.
What is disability insurance?
100
A plan for sharing the risk of medical costs.
What is health insurance?
100
A list of items of value in your home.
What is home inventory?
200
Insurance that protects against risk of loss to a home and its contents.
What is homeowner's insurance?
200
Insurance protection against injuries suffered by others on your property or as a result of your actions.
What is liability coverage?
200
Insurance that pays money to the beneficiary upon the death of the insured person.
What is life insurance?
200
A physical injury, damage or property, or disappearance of property.
What is loss?
200
Insurance that provides a death benefit and builds cash value.
What is permanent life insurance?
300
The price paid for an insurance policy.
What is a premium?
300
The likelihood of a risk resulting in a loss.
What is probability?
300
A tenant's policy that protects against the loss of personal property in a rented residence.
What is renter's insurance?
300
The chance of injury, damage, or economic loss.
What is risk?
300
The process of identifying risks and deciding how serious they are.
What is risk assessment?
400
Finding ways to lower your chance of incurring a loss.
What is risk reduction?
400
Buying insurance to shift the risk of financial loss.
What is risk transfer?
400
Setting aside money to be used in the event of injury or loss.
What is self-insuring?
400
A clause that provides 100% coverage of medical expenses after a certain amount has been paid.
What is stop-loss provision?
400
Temporary life insurance that pays only a death benefit.
What is term life insurance?
500
Liability coverage above that of homeowner's and car insurance.
What is an umbrella policy?
500
Includes permanent structures, such as buildings.
What is real property?
500
Can be taken with you when you leave your job.
What is portable insurance?
500
Insurance that builds cash value from which you can borrow.
What is whole life insurance?
500
The contents of your home, such as furniture, appliances, clothing and home decorations.
What is personal property?