Insurance Review Q's

How does insurance work? 

All policyholders pool their premiums to pay for _____________________________.

• everyone in the world to have insurance

• government employees paychecks

• doctors salarys

• the few people that have large claims

What two cases would renter's insurance pay to replace your possessions?

• you misplaced something

• Theft and natural disaster

• Car accident and illness

• your roommate wrecked your stuff

Renter's insurance covers...

• your rent $ if you're short on cash

• repairs on your car

• someone gets seriously injured in your apartment

• to replace your lost phone

Long Term Disability insurance covers...

• lost wages

• medical bills

• vacations

• wheelchair

Health insurance covers...

• lost wages

• medical bills

• organic food

• band aids

If you choose not to get insurance on your cell phone, the best alternative is...

• save money in case you have to pay to replace or fix it

• never drop it

• only use it at home

• keep it in the box

Who qualifies for Medicaid?

• animals

• no one

• everyone

• people with low income

If you have Medicaid, who pays for your premium?

• your parents

• the government

• yourself

• your grandma

What DOESN'T affect your car insurance rates?

• age and gender

• your salary

• marital status

• driving record

• car type

What is the average monthly premium for renter's insurance?

• $1

• $5

• $15

• $50