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Ch 7 stocks/bonds

AB
If you cannot work due to health conditions or an injury this pays a portion of the income you losedisability
protects your family against financial loss due to your deathlife insurance
helps pay for hospital, surgical, medical or other health care expenses due to a mjor illness or an injurymajor medical insurance
provides basic protection against financial loss from medical billshealth insurance
the money you get if you cancel a life insurance policycash value
a form of long-term promissory notebonds
annual interest income divided by a bond's pricecurrent yield on bonds
price at which stock sellsmarket price
when market value of a bond is more than its par value, the bond is selling at a(n)premium
when the market value of a bond is less than its par value, the bond is selling at a(n)discount
the amount of money that te insured must pay out of his own pocket for health care servicescoinsurance (co-pay)



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