Insurance

Front

Mia is a single, working, 24-year-old. Which type of insurance is likely to be the lowest priority for her?

Back

Life insurance

Front

Emma is researching how insurance companies are regulated. She wants to know which federal agency oversees them. What should she find out?

Back

Insurance companies are regulated on a state-by-state basis

Front

What role does insurance play in financial planning?

Back

It guarantees that income and assets are protected.

Front

When Benjamin's car was damaged in an accident, he had to pay a certain amount before his insurance covered the rest. This out of pocket cost is called...

Back

Deductible

Front

Nora is working for an insurance company where she analyzes statistics and uses them to calculate risks and premiums. What is her profession?

Back

Actuary

Front

Ava was driving when a stone hit her windshield. Which type of coverage would likely cover this expense?

Back

Comprehensive

Front

Elijah is reviewing factors that impact his car insurance premium. Each of these factors impacts his premium EXCEPT...
Deductible amount, The vehicle you are insuring, Your credit score, Your income

Back

Your income

Front

Mason is looking for ways to save money on his auto insurance premium. Which of the following wouldn't help him achieve that?
- Decrease your deductible
- Reduce or eliminate optional insurance on an older vehicle
- Maintain a good credit history
- Bundle your insurance with other policies

Back

Decrease your deductible

Front

What is the capital of France?

Back

Paris

Front

What is a policy in the context of car insurance?

Back

A contract between the Consumer and the insurance company.