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Insurance
Insurance
10 terms
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StudBud Administration
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10 insurance-related terms
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
The amount of money that must be paid by the policy holder before the insurance company will pay
risk
premium
coverage
deductible
2
Car insurance that will pay for damage done to a car in an accident
collision
collusion
calisthenics
crashing
3
Comprehensive insurance is
Car insurance that covers your truck as well
Carburetor theft
Homeowner's insurance
Car insurance that covers theft, fire, glass and other problems
4
Evaluation of a policy holder including: assets, credit history, lifestyle habits, etc.
judgement
premium
no fault
risk
5
The cost to purchase an insurance policy
dues
premium
risk management
money
6
The highest amount of money that a policy will cover
coverage limit
bottom
top
age limit
7
System that provides those who are involuntarily out of work with temporary compensation until a job is found
Social Security
no fault insurance
unemployment insurance
savings accounts
8
Workmen's compensation insurance is
Hospital insurance
Insurance protection for workers that are hurt on the job
Scaffolding insurance
OSHA
9
Insurance is
an agreement
a positive declaration
a way to keep warm
protection against damage or loss
10
NY State law which allows insurance policy holders to collect from their own insurance company in the event of accident
no fault
risky
premium
blame