Insurance EverFi module 7 questions
and answers 100% pass
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
...
Insurance EverFi module 7 questions
and answers 100% pass
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
a deductible is paid by... ✔✔the policyholder
how can insurance protect you from financial loss? ✔✔insurance can cover you or your property
in case of an accident, theft, or another unpredictable event
choose the statement that is true about health insurance ✔✔you should always have health
insurance, regardless of your circumstances
which of the following is a reason someone should get health insurance? ✔✔health insurance
protects you financially from medical emergencies
buying a home security system is an example of protecting your home against _______ ✔✔risk
insurance that will pay for injury to another driver and/or damage to their car if you are in an
accident is called... ✔✔liability insurance
wearing a seat belt, not texting when driving, and driving carefully are all examples of... ✔✔risk
management strategies
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