the best type of identity theft insurance is one that:
both a and b
in general, a good way to save on insurance premiums is to
increase your
... [Show More] deductible
which is a type of insurance to avoid?
mortgage insurance
which of the following will not likely lead to reduced insurance rates?
speeding ticket
an elimination period is the time period:
between disabling events and when payments begin
which of the following is not a true statement about an HSA?
It is a good plan for people who have a lot to medical expenses
which of the following statements is not true about cash value life insurance?
cash value is essential for anyone over 65
term life insurance
necessary
credit card protection insurance
not necessary and you should avoid
identity theft protection
necessary
cancer insurance
not necessary and you should avoid
the purpose of insurance is to increase your investments
false
the stop-loss is what you pay before insurance will begin to pay
false
collision insurance pays for the damage to your car if you cause an accident
true
a good homeowner's insurance policy will include guaranteed replacement cost
true
term life insurance is more expensive because it funds a savings plan
false
Term life insurance is for a specified period, is more expensive, and has no savings plan built into it
false
Whole life insurance is normally for life and is cheaper because it funds a savings plan
false
life insurance for a specified period of time
term insurance
the amount you pay annually, quarterly, or monthly for insurance
premium
provides an income if the insured person is unable to perform the job he/she trained for
occupational disability
also known as universal or whole life insurance
cash value insurance
the time between the disabling event and when payments actually begin
elimination period
filed with an insurance company to get coverage for a loss
claim
covers the contents of a house or apartment when you rent it
renter's insurance
portion of the medical bill you pay before insurance kicked in
deductible
covers damage to a vehicle due to an accident
collision
covers damage to a vehicle not due to an accident
comprehensive
whole life insurance
not necessary
mortgage insurance
not necessary
term life insurance
necessary
identity theft insurance
necessary
cancer insurance
not necessary
credit card protection insurance
not necessary
accidental death insurance
not necessary
occupational disability insurance
necessary [Show Less]