Describe the health insurance policy


1. To obtain insurance for any property, whether a home, an AUTOMOBILE , or other property,you must have a(n)

A. broker.

B. premium.

C. insurable interest.

D. liability.

2. In the United States, the right to continue a HEALTH INSURANCE POLICY is provided by an act known as

A. UCR.

B. SMI.

C. HMO.

D. COBRA.

3. Government-sponsored programs can complement PRIVATE HEALTH INSURANCE programs. If you're INJURED ON THE JOB , you would be eligible for which government mandated program?

A. Social Security MEDICARE

B. Workers' Compensation Insurance

C. Supplementary MEDICAL INSURANCE

D. BLUE CROSS /Blue Shield Worker Plan

4. A liability suit could result when

A. lightning strikes your home.

B. your son falls down the stairs of your home.

C. your auto is stolen.

D. a delivery person slips on the steps of your home.

5. Collision protection pays for damage to

A. non-auto property of insured.

B. auto of insured.

C. all autos in accident.

D. auto of other party in accident.

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Finance Basics: Describe the health insurance policy
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