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 1 / 2
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
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