Ramsey Pre-test Insurance | 100% Correct Answers | Verified | Latest 2024 Version

An amount of money you pay to help cover a portion of your medical costs - Co-payment Insurance that covers property damage and medical bills if you are at fault in a car accident or if someone gets hurt on your property - Liability Which of the following statements about disability insurance is false? - Disability insurance is not necessary if you have a good health insurance policy Applies to the amount of protection you have through an insurance company in the event of a loss - Coverage The recipient of assets passed on from the death of a friend or relative - Beneficiary After high school, you should have the following types of insurance: auto, renter's, health and long- term care insurance - False Comprehensive coverage takes care of damage to your car that is not caused by a collision. - True The time between the disabling event and the beginning of payments in your disability coverage is called: - Elimination period Disability insurance offered through your employer is usually the most expensive coverage option. - False The purpose of insurance is to: - Transfer financial risk Good identity theft protection includes restorati