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
Law that grants consumers to the right to know who requests to view their credit report over the past year
B
consumer’s credit application can only be judged on the basis on financial responsibility not the applicant’s gender, race, m
3) Law that grants consumers to the right to know who requests to view their credit report over the past year
A
Fair Credit Act
B
Fair Credit Reporting Act
4) Usury law is it sets the maximum amount of interest that can be charged for a loan
A
False
B
True
5) Protects consumers against unauthorized electronic fund transactions including debit and credit card purchases
A
Electronic Funds Transfer Act
B
Electronic Funds Tip Act
6) FDIC stands for ..
A
Federal Deposit Insured Application
B
Federal Deposit Insurance Act
7) Federal Deposit Insurance Act is defined as..
A
Created to maintain the public’s confidence in schools and encourage stable teaching practices
B
Created to maintain the public’s confidence in banks and encourage stable banking 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
Truth In Lending Law
B
Teaching in Leading Lessons
10) Prohibits unfair, abusive, and deception methods of collecting debt
A
Fair Credit Reporting Act
B
Fair Debt Collection Practices 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
Health Insurance
C
Auto 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
Daycare
C
Long -term care
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
False
B
True
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?