Understanding Insurance Concepts

Front

Insurance protects against risk

Back

true

Front

Health insurance covers Dr visits, operations, and ER visits

Back

true

Front

Premiums are the premium insurance. True or False?

Back

False

Front

Does flood insurance cover losses to floods and extreme weather events?

Back

True

Front

Medicare is sponsored by the government

Back

government

Front

Insurance can be a fringe benefit

Back

True

Front

Do all insurance policies have coinsurance?

Back

No.

Front

Does having insurance provide financial security?

Back

yes

Front

Coverage in insurance is the risks that are covered

Back

True

Front

An insurance policy is the document with terms and conditions.

Back

True