Unit #3 PFL & Eco Test Review (2024 Version)

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

• Health insurance

• An SUV

• Liability insurance

• A hefty savings account

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

• Liability coverage

• Homeowner's insurance

• Personal property coverage

• Dwelling insurance

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

• Pass away

• Turn 18

• Get injured

• Move out of the house

______ will provide money to replace lost income for years, even up to retirement.

• Short-term liability

• Necessary insurance

• Identity theft protection

• Long-term disability

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

• Anything other than a collision

• Accidents that happen on the road

• A collision

• Personal injuries

The amount of money the insurance company agrees to pay for an incident is called_____.

• Co-pay

• Deductible

• Claim

• Coverage

What type of insurance pays for the treatment of injuries and losses to the driver and passengers?

• Collision insurance

• Personal injury protection

• Uninsured motorist protection

• Liability insurance

People who rely on you financially are called your_____.

• Family

• Beneficiaries

• Dependents

• Death benefits

What is a deductible?

• The amount of money the insurance company agrees to pay

• The amount you have to pay before the insurance company will make a payment

• When you report an incident and ask to be compensated for the cost

• The amount of money you pay for your insurance policy each month

Insurance companies look at _____ to determine the cost of your premium.

• Your FICO score and how well you pay down debts

• How much you have in savings and how likely you are to start investing in the next year

• Life expectancy charts, your weight, your age, your hobbies and whether you smoke

• Your income