Vocab Quiz #6

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