2nd Semester Review B

A national program of health insurance designed to help people aged 65 and older pay for health care.

• Medicare

• Medicaid

• Blue Cross Blue Shield

• Healthlink

Coverage that protects the insured against almost all damage losses except those caused from a collision or rollover.

• catastrophic

• collision

• comprehensive

• collateral

A cause of loss to property, such as fire, wind, or theft is called _____.

• peril

• catastrophe

• collateral

• personal

Monthly payments under disability insurance are usually about ___ percent of the insured's normal income.

• 25-40

• 40-60

• 75-85

• 90-95

A business organization that accommodates the buying and selling of securities is called a _____.

• stock exchange

• credit bureau

• credit union

• mutual savings bank

Bonds issued by local and state governments are called _____.

• corporate bonds

• municipal bonds

• US government savings bonds

• mutual bonds

The difference between the price at which you could currently sell your house and the amount owed on the mortgage is called _____.

• appreciation

• assessed value

• equity

• liquidity

The ease with which an investment can be changed into cash without losing its value is called _____.

• compound

• value

• yield

• liquidity

The amount that your local government determines your property is worth for tax purposes is called the _____ value.

• assessed

• bond

• face

• contract

the money you receive for letting others use your money is called

• security

• collateral

• interest

• premiums