HSA Questions and Answers 100% Correct 2023

HSA Questions and Answers 100% Correct 2023 the best type of identity theft insurance is one that: both a and b in general, a good way to save on insurance premiums is to increase your deductible which is a type of insurance to avoid? mortgage insurance which of the following will not likely lead to reduced insurance rates? speeding ticket an elimination period is the time period: between disabling events and when payments begin which of the following is not a true statement about an HSA? It is a good plan for people who have a lot to medical expenses which of the following statements is not true about cash value life insurance? cash value is essential for anyone over 65 term life insurance necessary credit card protection insurance not necessary and you should avoid identity theft protection necessary cancer insurance not necessary and you should avoid the purpose of insurance is to increase your investments false the stop-loss is what you pay before insurance will begin to pay false collision insurance pays for the damage to your car if you cause an accident true a good homeowner's insurance policy will include guaranteed replacement cost true term life insurance is more expensive because it funds a savings plan false Term life insurance is for a specified period, is more expensive, and has no savings plan built into it false Whole life insurance is normally for life and is cheaper because it funds a savings plan false life insurance for a specified period of time term insurance the amount you pay annually, quarterly, or monthly for insurance premium provides an income if the insured person is unable to perform the job he/she trained for occupational disability also known as universal or whole life insurance cash value insurance the time between the disabling event and when payments actually begin elimination period filed with an insurance company to get coverage for a loss claim covers the contents of a house or apartment when you rent it renter's insurance portion of the medical bill you pay before insurance kicked in deductible covers damage to a vehicle due to an accident collision covers damage to a vehicle not due to an accident comprehensive whole life insurance not necessary mortgage insurance not necessary term life insurance necessary identity theft insurance necessary cancer insurance not necessary credit card protection insurance not necessary accidental death insurance not necessary occupational disability insurance necessary