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7.06 Quiz: Insurance and Consumer Protection Questions with Correct Answers $15.99   Add to cart

Exam (elaborations)

7.06 Quiz: Insurance and Consumer Protection Questions with Correct Answers

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  • Course
  • Principal Certification
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  • 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...

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  • August 10, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Principal Certification
  • Principal Certification
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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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