Taxes, Insurance and Credit Review

Which type of tax structure has the same dollar amount for everyone?

• Progressive
• Regressive
• Proportional

Which item would not be paid for with tax revenue?

• Road repairs
• Public Schools
• Public Libraries
• Private Schools

Which form do we use to help us fill out our taxes? It's from our employer and shows us our gross income, total taxes paid, and total voluntary deductions.

• W2
• W4
• 1099
• 1040

What is a premium?

• The amount of a loss you must pay before insurance kicks in
• The highest tier of insurance
• The amount you have to pay for someone else's mistake
• The cost of an insurance policy

Which part of your car insurance covers damage done in a non-accident?

• Liability
• Comprehensive
• Collision
• Specialized

Your Renters' Insurance covers your personal belongings and the structure of your rental property.

• True
• False

What do we call the person who receives money when a life insurance policy holder dies?

• Beneficiary
• Insured
• Insurable Interest
• Insurer

Which type of insurance provides income to people who cannot work due to injury or illness?

• Life Insurance
• Health Insurance
• Liability Insurance
• Disability Insurance

What type of coverage do we need to get in case someone gets hurt on our property?

• Disability Coverage
• Liability Coverage
• Health Coverage
• Specialized Coverage

What is the ability to borrow money?

• Credit
• Debit
• Finance Charge
• FICO