7.06 Quiz: Insurance and Consumer Protection Questions with Correct Answers
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Course
Principal Certification
Institution
Principal Certification
What is insurance coverage? Correct Answer-The amount your insurance company is willing to pay
The dollar amount you have to pay before an insurance plan takes effect and the insurance company starts paying is the __________. Correct Answer-Deductible
Which of the following things does the Af...
7.06 Quiz: Insurance and Consumer Protection
Questions with Correct Answers
What is insurance coverage? Correct Answer-The amount your
insurance company is willing to pay
The dollar amount you have to pay before an insurance plan takes effect
and the insurance company starts paying is the __________. Correct
Answer-Deductible
Which of the following things does the Affordable Care Act do? Correct
Answer-Allows young adults to stay on their parents' insurance until the
age of 26
What does COBRA status allow you to do? Correct Answer-Stay on
your employer's insurance plan after you lose your job
What is a preexisting condition? Correct Answer-A condition you were
diagnosed with before you applied for health insurance
What is a beneficiary? Correct Answer-The person or group of people
who will receive your life insurance money
Which of the following actions puts you at risk for dumpster diving?
Correct Answer-Not shredding financial documents when you're done
with them
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