Quiz A - Insurance and Taxes
Quiz by John Peters
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29 questions
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- Q1What type of insurance would be used to cover Meredith's medical bills?Home insuranceCar insuranceHealth insuranceLife insurance300s
- Q2Which of the following types of insurance are people usually required by law to have?Travel insuranceHome insuranceLife insuranceCar insurance300s
- Q3What can you do to decrease the cost of insurance policies?raise the deductibleall of the abovetake advantage of applicable discountsshop around for rates300s
- Q4A person joins an insurance company by purchasing a contract called a ___?deductiblepremiumpolicyclaim300s
- Q5What type of insurance covers damage to a car if there is an accident?CollisionComprehensiveHome insuranceLife insurance300s
- Q6What is the amount you pay for an insurance policy called?CoverageClaimPremiumDeductible300s
- Q7What is the purpose of filing a claim with the insurance company?To request compensation for damages or lossesTo lower the insurance premiumTo increase the insurance deductibleTo cancel the insurance policy300s
- Q8What is the term for filing a report with the insurance company of an incident?PremiumDeductibleClaimPolicy300s
- Q9What type of insurance covers assisted living, in-home or nursing home care for high school students?Auto insuranceRenter's insuranceHealth insuranceLong-term care insurance300s
- Q10What is the purpose of disability insurance?To protect against property damageTo provide retirement incomeTo cover medical expensesTo replace lost income due to a disability300s
- Q11Which insurance policy covers the contents of an apartment ?Homeowners insuranceHealth insuranceRenters insuranceAuto insurance300s
- Q12What would happen if I didn't file taxes?I may be subject to penalties and finesI would be exempt from paying taxesThere would be no consequencesI would receive a tax refund300s
- Q13Who depends on a taxpayer - usually a child?GuardianTaxpayerSpouseDependent300s
- Q14A tax refund can be received by direct deposit to a taxpayer's account in a financial institution.truefalse300s
- Q15Which form should an employer use to report wages paid to an employee?W-4W-2W-91099300s