click below
click below
Normal Size Small Size show me how
Unit 6 Lesson 1
Vocabulary Review
Definition | Term |
---|---|
A type of insurance that financially protects a person against automobile accidents. | Auto Insurance |
A type of insurance that financially protects a homeowner from damage costs due to unexpected events | Home Insurance |
A type of insurance that financially protects a renter's possessions. | Renter's Insurance |
A contract between a person and a company to financially protect the person from unexpected events | Insurance |
The type of auto insurance that pays for anything that you are liable for as a result of causing a car accident | Liability Insurance |
The type of auto insurance that covers any expenses if you collide with something. | Collision Insurance |
The type of auto insurance that covers any expenses that are not collision-related. | Comprehensive Insurance |
The type of insurance that financially protects the person from injury and illness. | Health Insurance |
The type of insurance the government provides to individuals who are eligible due to low income or disabilities. | Medicaid |
The type of insurance that provides money when the insured person dies. | Life Insurance |
The type of life insurance that provides protection for a specific period of time. | Term Life Insurance |
The type of life insurance that provides protection for an entire lifetime. | Whole Life Insurance |
The person who receives the money from a life insurance policy when the insured person dies. | Beneficiary |
The type of insurance that replaces a portion of the person’s income if they become unable to work due to illness or injury. | Disability Insurance |