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WorksheetsDave Ramsey Chapter 9
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
While paying insurance premiums may feel like youre losing money, in the end it really helps you_____________________ more of it
a)
Keep
b)
Lose
c)
Gamble
2.
It is important to remember that insurance is a financial product , which means that the buyer should beware. When the consumer is ___________________ with_________________ the consumer makes different decisions
a)
Armed, Information
b)
Aware, situation
c)
Lost, Lonely
3.
The purpose of insurance is to ____________________ risk
a)
Minimize
b)
Up
c)
Lose
d)
Win
4.
Without proper insurance, certain losses can ________________________you. Conventional wisdom says that you should transfer risk.
a)
Bankrupt
b)
Wealth
c)
Lessen
d)
Win
5.
When you are ready to move out of your parents’ house, you need to have ______________insurance, which covers the _______________of the renter’s apartment in the event of fire, storm or theft
a)
Renters, Contents
b)
Health, People
c)
Renters, Lost
d)
Renters, Lost
6.
Insurance puts an_______________over your life, the hard work that you’ve done, the money you’ve saved, and the money that you have to invest.
a)
Umbrella
b)
Lost
c)
Art
d)
People
7.
____________________liability policies are a good buy once you have some assets. An umbrella policy gives you additional liability protection above your other policies.
a)
Umbrella
b)
Low
c)
High
d)
Reach
8.
Increase your________________ and /or coinsurance amount
a)
Deductible
b)
People
c)
Loss
d)
Money
9.
See if an ________________, a Health Savings Account, would make sense for your situation.
a)
HSA
b)
FSA
c)
TSA
d)
YSA
10.
The HSA is a ____________savings account for medical expenses that works with a high-deductible insurance policy.
a)
Winner
b)
Loser
c)
Tax Sheltered
d)
People
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