
Unit 2-Managing Risk-Lesson 2
Quiz
•
Life Skills
•
6th - 8th Grade
•
Practice Problem
•
Hard
JOEY BOOZER
Used 16+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money paid out of pocket before insurance covers the remaining costs is known as
premium
insurance policy
deductible/co-pay
risk
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The possibility of financial loss is called this.
protection
co-pay
premium
Risk
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not something that insurance can do?
Safeguard savings from accidents or theft
make
co-payments or deductible for auto rates
Provide money & housing if house is damaged.
Protect individuals and families from loss of income
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A amount paid for an insurance policy is called this.
premium
deductible
co-pay
risk
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A contract that has coverage details & covers a person's financial loss or damage is called..
copay/deductible
premium
insurance policy
risk
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The price of stock at the end of the prior trading day.
change percentage
previous close
high/low
volume
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The lowest price a stock was at within the last year.
previous close
52 week high
change %
52 week low
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