The out of pocket cost to the insured when a loss occurs is called...
Insurance

Flashcard
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Life Skills
•
10th - 12th Grade
•
Hard
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19 questions
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1.
FLASHCARD QUESTION
Front
Back
Deductible
2.
FLASHCARD QUESTION
Front
The amount paid for insurance is the
Back
premium
3.
FLASHCARD QUESTION
Front
Bodily injury covers your liability for injury to
Back
others
4.
FLASHCARD QUESTION
Front
Insurance that protects your family against financial loss due to your death is
Back
life insurance
5.
FLASHCARD QUESTION
Front
The type of insurance that provides protection against financial loss from medical bills is called
Back
health insurance
6.
FLASHCARD QUESTION
Front
The type of insurance that covers damage or loss to a vehicle from fire, theft, vandalism, or hail is called
Back
comprehensive
7.
FLASHCARD QUESTION
Front
This term pays for protection against loss of life, property, and finances.
Back
insurance
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