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WorksheetsProtecting Your Assets
Total questions: 12
Worksheet time: 6mins
Which of the following insurances MUST you LEGALLY have in the state of Illinois?
Health Insurance
Dental Insurance
Car Insurance
Homeowner's/Renter's Insurance
True or False: Homeowner's/Renter's Insurance can protect you in the case of someone getting injured in your home.
True
False
Which of the following car insurance policies protects both damage to your vehicle and the other person's if you caused the accident?
Full Coverage
Liability
True or False: Identity theft insurance will give you back the money you lost when someone hacked into your credit card account.
True
False
Which of the following documents is created to protect your assets when you die?
Power of Attorney
Will
Tax Return
Prenup
Which of the following is NOT a step in the process of creating a Will and Power of Attorney?
Sign it in front of 2 witnesses
Create it using a template online
Turn it in to the police
Have it notarized
True or False: You can create a Will if you are UNDER the age of 18.
True
False
True or False: a Power of Attorney is in place for when you can no longer make decisions on your own.
True
False
True or False: Life insurance can help you cut down the costs of expensive hospital bills.
True
False
Which of the following does Homeowner's insurance protect you from?
Burglaries
Fires
Tornadoes
ALL the above!
Which of the following counts as identity theft?
Someone hacking into your bank account
Someone using your social security number to open up an account
Someone trying to file your taxes to get your refund
ALL the above!
True or False: Dental insurance can help you protect your teeth to help prevent diseases.
True
False
