Ch 6 Review
1. What are the 2 types of life insurance?
2. What is a deductible?
3. What are the 2 steps of risk assessment?
4. How can reading speed affect your memory?
5. What kind of insurance is a plan for sharing the risk of medical costs from injury or illness?
6. What kind of insurance protects people from a loss dealing with their house?
7. What do Health Flexible Spending accounts typically cover?
8. What are the 3 types of risk?
9. What is the reason for high medical costs in America?
10. What type of risk is self-insuring?
11. What are the 5 different types of health coverage?
12. What is the ethical thing to do if you accidently hit a parked car in your vehicle?
13. What is umbrella insurance?
14. What is an example of a health savings account?
15. What type of insurance can you get if you are renting a property in order to protect your assets?
16. What are the 3 types of health insurance plans available?
17. What is a co-pay?
18. What kind of insurance pays you when you are unable to work due to an injury or illness that was not job-related?
19. What is a type of insurance that is cheaper because it covers multiple people?
20. What is a premium?
21. If you are having a dispute with someone, what is one way that you can try to resolve the problem?
22. What type of documentation should people have on their house and it’s contents?
23. What protects the owner of a car from a loss caused by an accident in your vehicle?
24. What are 3 things you can do to reduce your car insurance premium?
25. What is a possible benefit of buying insurance on the internet?
26. What are the 4 risk strategies?
27. How can a person pay a lower premium for health insurance?
28. How long does a person have to wait for disability insurance to begin?
29. What type of insurance provides for regular doctor visits?
30. What type of insurance may be provided by your employer?