Insurance

Insurance

Assessment

Flashcard

Other

9th Grade

Easy

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20 questions

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1.

FLASHCARD QUESTION

Front

The amount you must pay on a claim before the insurance company will pay.

Back

Deductible

2.

FLASHCARD QUESTION

Front

A payment made monthly, twice a year, or yearly, for an insurance policy.

Back

Premium

3.

FLASHCARD QUESTION

Front

The amount of money an insurance policy holder must pay on a claim before the insurance company begins to pay. The higher this is, will usually result in a lower premium.

Back

Deductible

4.

FLASHCARD QUESTION

Front

A set dollar amount you agree to pay each time you receive medical treatment, while the insurance company agrees to cover the rest

Back

Copay

5.

FLASHCARD QUESTION

Front

The amount paid for insurance is the

Back

premium

6.

FLASHCARD QUESTION

Front

The type of insurance that provides protection against financial loss from medical bills is called

Back

health insurance

7.

FLASHCARD QUESTION

Front

Joe feels like he is having a heart attack (chest pain, trouble breathing, and sweating). How much would his co-pay be?

Back

$300

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