Personal Finance - CH09: Open Questions

Explain the difference between a premium and a deductible.

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Explain how uninsured motorist protection helps you in case of an accident.

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What are examples of commonly covered and not covered homeowners insurance situations?

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How does a Health Savings Account (HSA) work?

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Who really needs life insurance?

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Is it really necessary to have insurance? Give an example of a scenario where it would be beneficial to have insurance.

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Explain why it's not always a good idea to have supplemental insurance to cover things like eye exams, dental work, or cancer.

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