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PF Chapter 9

TermDefinition
A(n)___ is someone (typically a child) who relies on you financially. dependant
The money you pay each month for health insurance is your ____ premuim
Extra liability coverage on top of your homeowners and auto insurance is called ____ umbrella insurance
____protects you from paying for damages to your car in a collision. auto insurance
The ___ indicates the most you would pay for health insurance in a year. out of pocket maximum
Your___ is the amount you have to pay before insurance pays. deductible
___ covers loss to your personal items but not the building renter's insurance
You can save money on life insurance by getting a(n) ___ policy life term insurance
The purpose of ___ is to transfer financial risk. insurance
____protects you if you‘re the victim of a hit-and-run accident. uninsured
You should buy a life insurance policy that‘s _______ times your annual salary. 10-12
What‘s the payment you make each time you visit the doctor? copay
HDHP insurance with a Health Savings Account can save you money on what? premiums
You can remain on your parents‘ health insurance plan until you‘re: 26 years old
Which insurance covers you if you‘re injured and can‘t work for a period of time? disability
Whole life insurance is also called each of the following terms except: beneficial
Created by: jackmal27
 

 



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