Q.1.
The sprinkler system in your house goes off and it damages the flooring
Q.2.
Your house is destroyed by a tornado and you need to rebuild it.
Q.3.
An unexpected death of a family member occurs and results in funeral expenses
Q.4.
_________ _________ insurance is a combination of a life insurance policy & a savings acct; it covers the insured for his or her lifetime and any amt the insured pays over the minimum premium goes into an investment acct that earns interest
Q.5.
________ ___________ __________ is a whole life insurance policy that is paid up after a specified number of years, or until the insured reaches a certain age, but offers lifetime protection
Q.6.
_______ _______ is the amount of money you will receive if you cancel your whole life insurance policy
Q.7.
_______ _________ insurance also known as permanent life insurance, offers financial protection for your entire life
Q.8.
The __________ is the person who receives money from a life insurance policy if the insured dies
Q.9.
_______ ________ insurance is for a specified term, such as 5 years, or to a specified age
Q.10.
A(n) ____________ is a predetermined flat fee you pay for health care services
Q.11.
__________ insurance is financial protection for a family in case the main source of income dies
Q.12.
_______________ requires you to pay either a set amount or a certain percent of medical expenses
Q.13.
A(n) _________ is the amount of money you must pay each year before your insurance company starts paying
Q.14.
_____________ ___________ __________ is a prepaid health plan in which care providers contract with (or are) employees of the org. to provide you with services
Q.15.
__________ ___________ __________ is a group of selected health care providers who offer comprehensive services at preset reimbursement levels
Q.16.
___________ ______________offers health care coverage where the health care provider is paid a predetermined dollar amount for the service given
Q.17.
______________ insurance provides financial protection against overwhelming medical expenses
Q.18.
Another name for this type of insurance is a warranty
Q.19.
The people who need this the most generally have kids, and always have someone relying on their income
Q.20.
This is what you have to pay before the insurance company will pay anything
Q.21.
This type of insurance should pay if you severely burn your finger on a toaster and need to go to the hospital
Q.22.
The total cost of buying insurance, usually per year
Q.23.
What is the main purpose of insurance?
Q.24.
What year was Obamacare made?