Insurance, Taxes, and Employee
Pay Exam Questions and Answers
100% PASS
Bundling Insurance—ANSWER---Combining multiple insurance policies into one in order to
make it more Convenient, less complicated along with the potential of saving more money
Life Insurance—ANSWER---Provides income to people who depend on a wage earner after
the wage earner dies
Health Insurance—ANSWER---Assists in covering medical expenses associated with short-
term illness and accidents
Long term care insurance—ANSWER---Helps pay for stays in a nursing home?
Umbrella insurance policy—ANSWER---Protect the holder against liability costs beyond what
is covered by other insurance
Dependant (as related to topic of Insurance)—ANSWER---A person who relies on someone
else financially?
Private mortgage insurance—ANSWER---Best to get when an individual cannot make a large
down payment when purchasing a house.
Pay Exam Questions and Answers
100% PASS
Bundling Insurance—ANSWER---Combining multiple insurance policies into one in order to
make it more Convenient, less complicated along with the potential of saving more money
Life Insurance—ANSWER---Provides income to people who depend on a wage earner after
the wage earner dies
Health Insurance—ANSWER---Assists in covering medical expenses associated with short-
term illness and accidents
Long term care insurance—ANSWER---Helps pay for stays in a nursing home?
Umbrella insurance policy—ANSWER---Protect the holder against liability costs beyond what
is covered by other insurance
Dependant (as related to topic of Insurance)—ANSWER---A person who relies on someone
else financially?
Private mortgage insurance—ANSWER---Best to get when an individual cannot make a large
down payment when purchasing a house.
