match each description with the correct term.

question 1 options:

pure risk

speculative risk

deductible

health insurance

insurance claim

cobra

1.
the risk of something negative happening, with no possibility of profit or gain.

2.
protects against costs created by sickness or injury.

3.
an application sent to an insurance company so you can receive benefits.

4.
federal act that allows employees who lose health benefits the right to continue participating in an insurance plan for a specific amount of time.

5.
the dollar amount one is expected to pay before an insurance plan takes effect and begins to pay.

6.
risk with the possibility of either profit or loss.

question 2 (3 points)
match each description with the correct term.

question 2 options:

liability

workers compensation

futa

property insurance

life insurance

1.
a type of disability insurance.

2.
a tax that provides federal funding for unemployment insurance.

3.
covers property you own or rent and items inside a property.

4.
protects your family against negative financial impact caused by your death.

5.
protects against costs caused by events you're responsible for.

question 3 (3 points)
match each description with the correct term.

question 3 options:

shredding documents

dumpster diving and skimming

consumer advocacy group

gramm-leach-billey act

identity theft

1.
provides guidelines for how financial institutions must protect your personal information.

2.
a way to protect from identification theft.

3.
an organization that works to protect consumers rights and consumers understand their rights.

4.
a type of identity theft.

5.
when a person steals your personal information.

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