Chapter 9 Unit Test

First name

Last name

Class hour

• CF 1st hour
• CF 2nd hour
• CF 5th hour
• PF 6th hour

The purpose of insurance is to transfer ________ that we can't handle ourselves.

• risk
• responsibility
• debt

We want to transfer the ___________ things we can't handle.

• unknown
• risky
• big

Without ____________, you'd be covering repairs for the damage on your own.

• savings
• insurance

_______________ periods can be as short as 24 hours or as long as 30 days, so be sure to check your policy to know yours.

• Term
• Grace

If you have a full emergency fund in place, ________ your deductible.

• lower
• raise

For ________ coverage on your auto insurance, you'll have three things: collision, comprehensive, and liability.

• partial
• full

Collisions covers the cost of repairs on _________ car if there's a wreck.

• someone else's
• your