EVERFI Financial Literacy Insurance

Front

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

Back

risk management strategies

Front

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

Back

Buying a new car

Front

What should you NOT use a loan to purchase? A house, Tuition for higher education, Airline tickets to your dream vacation, A car

Back

Airline tickets to your dream vacation

Front

Buying a home security system is an example of protecting your home against

Back

risk

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...

Back

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?

Back

Insurance

Front

What can insurance protect you from? Theft, Contract fees, Financial loss, A and C

Back

Financial loss

Front

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.

Back

deductible

Front

If you get into a car accident, your __________ be considered riskier for insurance companies to cover.

Back

insurance premium

Front

Insurance that will pay for injury to another driver and/or damage to their car if you are in an accident is called...

Back

liability insurance