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Exam (elaborations)

insurance everfi module 7 questions and answers

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an example of a risk management strategy is... both a and c what is a risk management strategy you could use to protect your home? a and b how is having a security system for you home a risk management strategy? the security system will alert authorities and deter criminals, protecting your valuables and property an insurance premium is... the amount of money you pay for an insurance policy when filing an insurance claim, the policyholder must pay a _______, which is the amount you owe before insurance will cover the rest of the bill deductible what will collision insurance cover in the event of an accident damage to your car liability insurance is... insurance that will pay for injury to another driver and/or damage to their car if you are in an accident collision insurance is... insurance that will pay to get your car fixed in the event of an accident what does liability insurance not cover in the event of an accident? injury to yourself what do people purchase as a form of risk management to protect themselves from losing a lot of money in the event something happens to them or their property insurance why should you purchase insurance? to prevent a financial burden in the case of an accident, theft, or another event why is it important to have insurance? a and b what can insurance protect you from? a and c which of the following is not an advtange of having health insurance? people with health insurance can skip lines in emergency rooms when is it ok not to have health insurance? you should always have health insurance what is a consequence of not having health insurance? you must pay all costs for health care and medical emergencies something people buy to protect themselves from losing a lot of money in the event something happens to them or their property is known as... insurance all of the following are true about health insurance except: being young and healthy means you can skip out on health insurance an insurance deductible is... the amount you owe before insurance will cover the rest of the bill if you get into a car accident, your ______ may increase because you will be considered riskier for insurance companies to covee insurance premium insurance that covers damage to your car from an accident is called... collision insurance which is not an example of a risk management strategy? buying a new car

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Institution
INSURANCE EVERFI
Course
INSURANCE EVERFI








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Institution
INSURANCE EVERFI
Course
INSURANCE EVERFI

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Uploaded on
September 6, 2023
Number of pages
3
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

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