Dave Ramsey Chapter 9

1)  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
• A medical emergency
• Your identity gets stolen
• A car accident

1)  The time between the disabling event and the beginning of payments in your disability coverage is called:

• Decutible
• Out of Pocket
• Elimination Period
• Stop Gap

ife insurance policy for a specific period of time is called:

• Universal
• Level
• Term
• Whole Life

 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

After high school, you should have the following types of insurance: auto, renterʹs, health and long-term care insurance

• True
• False

Following the Five Foundations will help you to, one day, become self-insured.

• True
• False

Renterʹs insurance is not necessary if you donʹt have a lot of expensive things.

• True
• false

Tags

CCSS.RI.7.2

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.8.1

CCSS.RL.9-10.2

Duplicate coverage, or any extra insurance on top of your existing insurance, is not necessary.

• True
• False

Any insurance with cash value or that combines insurance with investments is a bad idea.

• True
• False

Good identity theft protection includes restoration services.

• True
• False