Insurance
Other
9th Grade - University
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Life is filled with risk. Every decision involves risk with some more than others.
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of insurance is to completely transfer risk to other people.
TRUE
FALSE
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of insurance is more important than life insurance for people in their 20s. (It is likely to be 7x greater than dying)
Disability insurance
Renters insurance
Health insurance
Homeowners insurance
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is the only type of insurance where the person paying for it will not get any of the benefit.
Life insurance
Disability insurance
Renters insurance
Auto insurance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People should buy life insurance to pay for their funerals.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Policyholders can take loans against some life-insurance policies.
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you stop making payments on a life-insurance policy, you cannot get any of your money back.
TRUE
FALSE
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