Personal Finance Chapter 3 and 4 Partial | Baamboozle - Baamboozle

English 27 Public

Review of terms

Study Slideshow

This term refers to the increase of prices for goods and services, usually caused by the rapid growth of the money supply.

Inflation

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This type of insurance helps pays for damages to a home.

Home insurance

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This type of insurance helps pay for damages to a car and/or person in a car accident.

Car/Auto Insurance

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This type of insurance pays a monthly income to a person who is injured and can no longer work for a period of time.

Disability Insurance

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This type of insurance pays for care for a person who can no longer live on their own.

Long-term Care Insurance

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This type of insurance helps pay for doctor and hospital visits.

Medical/Health Insurance

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This payment is the part a person pays before the insurance company pays.

Deductible

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This payment is the monthly fee for insurance coverage.

Premium

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The full amount of your pay is called

Gross Pay

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This term refers to the illegal use of someone's personal information

Identity Theft

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True or False: You should share your Social Security number with friends.

False

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