
Foundations in Personal Finance Chapter 9
Authored by Monica Bailey
Other
9th - 12th Grade
Used 13+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following would not be a huge financial risk (and, therefore would not require insurance) if you had a full emergency fund of $500 or more?
You lose your cell phone
Your identity gets stolen
A medical emergency
Car accident
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Life insurance policy for a specific period of time is called:
Universal
Level
Term
Whole life
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a recommended way of lowering your car insurance premiums?
Get good grades and take a driver education class
Drop your auto insurance altogether
Increase your deductible
Shop around
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The time between the disabling event and the beginning of payments in your disability coverage is called
Deductible
Out of pocket
Elimination period
Stop gap
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of insurance is to:
Develop a savings plan
Transfer financial risk
Provide an investment opportunity
All of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following types of insurance is not recommended for a young single adult?
Auto insurance
Identity theft protection
Health insurance
Life insurance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a recommended way to save on your health insurance premium?
Increase your deductible.
See if a Health Savings Account would make sense for your situation.
If you are young and healthy, you do not need health insurance
If you are young and healthy, you do not need health insurance
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?