chapter 10 pf

Term life insurance is one of the most expensive types of protection you can buy

• True

• False

Homeowners insurance generally provides liability and property protection

• True

• False

Auto insurance premiums are higher for young single males than for most other drivers

• True

• False

Life insurance protection needs increase with each new dependent and with increased assets

• True

• False

The main purpose of life insurance is to protect dependence from laws of income and other expenses after the death of the insured person

• True

• False

Retired workers usually do not pay a monthly premium for Medicare Part A insurance

• True

• False

When you belong to a Healthcare Maintenance Organization (HMO) are you free to choose any doctor you wish

• True

• False

Self-employed individuals are eligible for health insurance under COBRA

• True

• False

Older consumers are the primary purchasers of long-term care insurance

• True

• False

Only workers in jobs involving physical labor need disability insurance

• True

• False