Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
4.02 Health/ Life Insurance
Test Description: Let's see what you know about Health/ Life Insurance
Instructions: Answer all questions to get your test result.
1) Increased the government’s ability to combat bank fraud
A
Fair Credit Reporting Act
B
Thrift and Bank Fraud Act
2) Equal Credit Opportunity Act
A
consumer’s credit application can only be judged on the basis on financial responsibility not the applicant’s gender, race, m
B
Law that grants consumers to the right to know who requests to view their credit report over the past year
3) Law that grants consumers to the right to know who requests to view their credit report over the past year
A
Fair Credit Reporting Act
B
Fair Credit Act
4) Usury law is it sets the maximum amount of interest that can be charged for a loan
A
True
B
False
5) Protects consumers against unauthorized electronic fund transactions including debit and credit card purchases
A
Electronic Funds Tip Act
B
Electronic Funds Transfer Act
6) FDIC stands for ..
A
Federal Deposit Insurance Act
B
Federal Deposit Insured Application
7) Federal Deposit Insurance Act is defined as..
A
Created to maintain the public’s confidence in banks and encourage stable banking practices
B
Created to maintain the public’s confidence in schools and encourage stable teaching practices
8) Chapter 7 is defined as it requires the debtor to liquidate (sale) nonexempt property to repay creditors
A
True
B
False
9) Requires creditors to provide consumers with the terms and cost of credit __
A
Teaching in Leading Lessons
B
Truth In Lending Law
10) Prohibits unfair, abusive, and deception methods of collecting debt
A
Fair Debt Collection Practices Act
B
Fair Credit Reporting Act
11) Provides consumers with a means to dispute a billing error on open-ended credit accounts (credit and charge cards) is
A
Fair Credit Billing Act
B
Fair Cash and Billing Act
12) Fair Credit Reporting Act is defined as;
A
Law that grants consumers to the right to know who requests to use their credit card the past month
B
Law that grants consumers to the right to know who requests to view their credit report over the past year
13) Amendments to the Truth-in-Lending law that include requirements for cosigners who applicants under 21 years of age
A
Credit Card Act of 2009
B
Credit Card Act of North Carolina
14) Medicare is a part of the federal Social Security program
A
True
B
False
15) It is designed to protect the physical assets owned, leased, rented or used by individuals and families
A
Homeowner's Insurance
B
Auto Insurance
C
Health Insurance
D
Life Insurance
16) Provides for the daily custodial care as well as the long-term nursing care that an individual may need outside of the hospital.
A
Short term care
B
Long -term care
C
Daycare
17) Blue Cross / Blue Shield of North Carolina is
A
Coverage provided by a group which is normally the insured’s employer or other inclusive group
B
Coverage provided by a club which is normally the agent and 3rd party
18) Premium is fee paid to an insurance company in return for the insuring of property and casualty insurance
A
True
B
False
19) Spouse Rider Insurance is level term coverage on the life of the insurer’s spouse
A
True
B
False
20) Beneficiary-A ( secondary) beneficiary is entitled to the policy proceeds if the primary beneficiary has predeceased the insured
A
Contingent beneficiaries
B
Offeree
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?