Chapter 9

Insurance helps you transfer the _________ from your bank account to the insurance company.

• Risk

• Money

• Insurance

• Health

It's wise to have _________ because even if you're a great driver, there are plenty of people who aren't.

• Health insurance

• A hefty savings account

• An SUV

• Liability insurance

This type of home insurance covers the structure of your home.

• Homeowner's insurance

• Personal property coverage

• Dwelling insurance

• Liability coverage

If you're young and healthy, medical insurance is not as necessary.

• True

• False

Life insurance guarantees your loved ones get a certain amount of money when you ____________.

• Get injured

• Move out of the house

• Pass away

• Turn 18

____________ will provide money to replace lost income for years—even up to retirement.

• Short-term disability

• Long-term disability

• Necessary insurance

• Identity theft protection

In return for paying the insurance company a fee, they will . . .

• Manage your money for you

• Pay for certain expenses or damages

• Give you a paycheck every month

• Create your monthly budget

Renters insurance will cover you and your belongings if there is ever a fire, theft, or vandalism.

• True

• False

Comprehensive coverage pays for loss or damage to your car caused by ___________.

• Anything other than a collision

• A collision

• Accidents that happen on the road

• Personal injuries

If you're unable to live in your home while it's being repaired, ____________ coverage will cover those additional living expenses.

• Personal property coverage

• Loss of use

• Renters insurance

• Dwelling insurance