Insurance is designed to protect you, your loved ones, and your belongings. There are many kinds of insurance, but a few of the main ones are Auto, Home, Health, and Life. Each insurance Blank 1 Question 1 will outline the terms: what is covered, and how much it costs. The fee you pay to have insurance is called a Blank 2 Question 1 and you pay this as an annual or monthly payment. Most insurance policies have a Blank 3 Question 1 , a minimum amount that you must pay before insurance will pay. After that is met, you may have your expenses fully or partially paid for depending on the terms of your policy. For Health Insurance, it is common for policyholders to pay for parts of their medical expenses as flat fees, called Blank 4 Question 1 or percentage fees, called Blank 5 Question 1 . There are a few common ways that employees are paid: with Blank 6 Question 1 -based pay, employees are paid a yearly amount divided out over the number of pay periods. With Blank 7 Question 1 -based pay, employees are paid based on the time they work and an established rate of pay. There are also common pay periods: monthly, twice a month, every other week (also called Blank 8 Question 1 ), or weekly. The total amount that employees make, based on the established rates of pay, is called Blank 9 Question 1 pay/income. Employees do not actually take home that amount of money since taxes are withheld, and expenses for other items like insurance are deducted from paychecks. The amount of money you take home on a paycheck is called Blank 10 Question 1 pay/income.
