
Insurance Part 2
Flashcard
•
Life Skills, Business
•
9th - 12th Grade
•
Practice Problem
•
Hard
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6 questions
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1.
FLASHCARD QUESTION
Front
Under current law, until what age can a child stay on their parents' health insurance?
Back
26
2.
FLASHCARD QUESTION
Front
Your health insurance copay is
Back
A fixed amount of money you pay each time you use your plan
3.
FLASHCARD QUESTION
Front
Which of the following would be covered under a renter's insurance policy?
- Damage to the exterior of the property
- Medical bills of another person who is injured on the property
- Your roommate's personal belongings in the rental unit
- Damage to a detached shed on the property
Back
Medical bills of another person who is injured on the property
4.
FLASHCARD QUESTION
Front
The FDIC insured deposit limit is
Back
$250,000
5.
FLASHCARD QUESTION
Front
True or False: Insurance is based on the concept of shared risk, or risk pooling.
Back
True
6.
FLASHCARD QUESTION
Front
What is the average monthly renter's insurance premium cost in the U.S.?
Back
$15/month
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