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All About Insurance - Financial Literacy Flashcards | StudBud
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All About Insurance - Financial Literacy
All About Insurance - Financial Literacy
5 terms
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StudBud Administration
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13 plays
Financial Literacy presentation series - All About Insurance
Flashcards
5 cards
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Practice quiz
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Host live
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Questions
5
Answers
1
What is a deductible?
A discount on services
How much is taken out of your paycheck each week
Final payment on loan
The amount of money you must pay before insurance kicks in
2
Renters Insurance covers which of the following: (2 possible answers)
Theft
Pets chewing up the carpet
Leaving nail holes in the drywall
Natural Disaster
3
What is a co-pay?
Student loan payments
How much the doctor's office pays
A variable cost for medical services
A fixed amount you pay for covered healthcare services
4
Auto Liability Coverage only pays for damage or injuries you cause to others
True
False
5
Collision Coverage only pays to repair or replace your car if you are not at fault for the accident
False
True
