Insurance (Everfi)

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Wearing a seat belt, not texting when driving, and driving carefully are all examples of...

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risk management strategies.

Front

Which is not an example of a risk management strategy? a. Wearing reflective clothing while biking at night, b. Buying a new car, c. Wearing a helmet while biking, d. Wearing a seat belt while driving

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Buying a new car

Front

An example of a risk management strategy is...

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wearing a seat belt while driving and wearing a helmet when biking.

Front

What should you NOT use a loan to purchase? Options: a. A house, b. Tuition for higher education, c. Airline tickets to your dream vacation, d. A car

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Airline tickets to your dream vacation

Front

What is a risk management strategy you could use to protect your home? Options: Buying a home security system, Installing front porch cameras to monitor your home, Purchasing reflective clothing to wear while biking at night, A and B

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A risk management strategy to protect your home includes buying a home security system and installing front porch cameras.

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How is having a security system for your home a risk management strategy?

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The security system will alert authorities and deter criminals, protecting your valuables and property.

Front

Buying a home security system is an example of protecting your home against________.

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risk

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Why is it important to have insurance? Options: a. It's important to have insurance so people can protect themselves from losing a lot of money in the event of an unpredictable event or something happens to them or their property. b. So individuals can defend against the possibility of financial loss due to unpredictable event c. So people can engage in risky behavior without financial consequences d. A and B

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To protect against financial loss from unpredictable events.

Front

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...

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Insurance.

Front

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?

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Insurance