QUESTION IMAGE
Question
question 4 (1 point)
becky has car insurance and is in an accident with a bill totaling $11,500. beckys deductible is $500. the policy has a $30,000 limit on a. how much of the accident bill will the insurance company pay for?
a $11,000
b $18,500
c $11,500
d there isnt enough information to determine
question 5 (1 point)
match the following forms of identity theft with their appropriate description
column a
- social security identity theft
- tax identity theft
- medical identity theft
- employment identity theft
column b
a fraudsters use your personal information by the irs on your behalf. their goal is to take your tax refund and/or claim another type of tax benefit.
b a person gets unauthorized access to a social security number and uses it for financial gain.
c a thief will use your name and health insurance information to gain services for himself or someone else, or sell your identity to perpetrators. it can also include doctors who submit false medical claims.
d a thief uses your social security number to & obtain employment in order to receive wages from your employer’s taxes.
Question 4
Step1: Understand Insurance Payout
The total bill is $11,500, and the deductible is $500. Insurance pays the amount after subtracting the deductible.
Step2: Calculate Payout
Payout = Total Bill - Deductible = $11,500 - $500 = $11,000.
- Social Security Identity Theft: A thief uses your Social Security number for a new credit application or to get benefits (matches option d).
- Tax Identity Theft: Fraudsters use personal info to file taxes/claim benefits (matches option a).
- Medical Identity Theft: A thief uses name/health info for medical services/bills (matches option c).
- Employment Identity Theft: Someone uses your info to get a job (matches option b).
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a. $11,000