Vocab Quiz #6
Across
- 3. a plan that people buy in return for coverage on all kinds of medical care.
- 7. a contract between a company and a policy holder that protects the policyholder from financial lost in the event of an auto accident or theft.
- 8. life insurance that provides lifelong coverage as long as the premium is paid
- 9. a life insurance policy that is for a set period of time.
- 10. a person who receives money from a policy upon the policy holder’s death; usually a spouse or child
- 13. a contract between an insurance company and a policyholder that pays a sum of money to a beneficiary after the policyholder dies
- 14. stock exchange where people buy and sell stocks
- 15. insurance for your personal belongings while renting an apartment or home
Down
- 1. insurance for things other than accidents ex. Theft, weather damage, etc.
- 2. insurance that protects you if you are legally responsible from someone else’s injuries or property damage
- 4. when you earn money on both the money you’ve saved and the interest you’ve already earned
- 5. the knowledge and skills required to make sound financial decisions.
- 6. insurance that protects your property and its content from unexpected events.
- 11. pays for the repairs of your vehicle
- 12. when the amount of paper money grows faster than the number of valuable things to buy