wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

Dave Ramsey - Chapter 9 Review

Total questions: 46

Worksheet time: 4hrs 50mins

Name
Class
Date
1.

Whole Life Insurance is also called each of the following terms except . . .

a)

Universal

b)

Beneficial

c)

Variable

d)

Permanent

2.

Which insurance covers you if you're injured and can't work for a period of time?

a)

Long-Term Care

b)

Renter's

c)

Term Life

d)

Disability

3.

You can remain on your parents' health insurance plan until you are ____.

a)

21 years old

b)

25 years old

c)

26 years old

d)

29 years old

4.

HDHP insurance with a health savings account can save you money on what?

a)

Premiums

b)

Deductibles

c)

Claims

d)

Copays

5.

What is the payment you make each time you visit the doctor?

a)

Claim

b)

Copay

c)

Premium

d)

Liability

6.

You should buy a life insurance policy that's ______ times your annual salary.

a)

6-8

b)

8-10

c)

10-12

d)

12-15

7.

_____ protects you if you're the victim of a hit-and-run accident.

a)

Collision Insurance

b)

Uninsured/Underinsured Motorist Protection

c)

Personal Injury Protection

d)

Liability Insurance

8.

The purpose of _____ is to transfer financial risk.

a)

investing

b)

copays

c)

insurance

d)

coverage

9.

You can save money on life insurance (and invest that money) by getting a(n) _____ policy.

a)

Whole Life Insurance

b)

Term Life Insurance

c)

Health Savings Account

d)

Long-Term Care Insurance

10.

____ covers loss to your personal items but not the building.

a)

Renter's Insurance

b)

Dwelling Insurance

c)

Homeowner's Insurance

d)

Supplemental Insurance

11.

Your _____ is the amount you have to pay before insurance pays.

a)

Copay

b)

Premium

c)

Deductible

d)

Claim

12.

The _____ indicates the most you would pay for health insurance in a year.

a)

Lifetime Limit

b)

Out-of-Pocket Minimum

c)

Deductible

d)

None of these

13.

Collision Insurance is a type of coverage with _____.

a)

Auto Insurance

b)

Disability Insurance

c)

Umbrella Insurance

d)

Comprehensive Insurance

14.

Extra liability coverage on top of your homeowner's and auto insurance is called _____.

a)

Liability Insurance

b)

Personal Injury Protection

c)

Disability Insurance

d)

Umbrella Insurance

15.

The money you pay each month for health insurance is your _____.

a)

premium

b)

copay

c)

deductible

d)

out-of-pocket cost

16.

A(n) ____ is someone (typically a child) who relies on your financially.

a)

beneficiary

b)

family member

c)

dependent

d)

None of these

17.

You need long-term care insurance before you turn 60 years old.

a)

True

b)

False

18.

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

a)

your FICO score and how well you pay down debts.

b)

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

c)

life expectancy charts, your weight, your age, your hobbies and whether you smoke

d)

your income

19.

The cap on the total amount of benefits you can get from your insurance company is called _____.

a)

the deductible

b)

a Health Savings Account

c)

the lifetime limit

d)

your premium

20.

Umbrella insurance is coverage for . . .

a)

damage to your home in a severe thunderstorm.

b)

your wardrobe and accessories.

c)

things that fall outside of your home and auto insurance policies.

d)

homeowners who cannot afford insurance.

21.

Getting good grades, driving safely, and driving an older car are examples of ways you can . . .

a)

lower your auto insurance costs.

b)

avoid getting into an accident.

c)

raise your monthly premiums.

d)

pass your driver's ed test.

22.

What is a deductible?

a)

The amount of money the insurance company agrees to pay.

b)

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

c)

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

d)

The amount of money you pay for your insurance policy every month.

23.

_____ will cover you if someone steals your personal information.

a)

Long-term Care Insurance

b)

Identity Theft Protection

c)

Supplemental Insurance

d)

Short-term Disability

24.

People who rely on your financially are called your ______.

a)

family

b)

beneficiaries

c)

dependents

d)

death benefits

25.

A high-deductible health plan with lower monthly premiums is a good option for ____.

a)

the elderly

b)

people who tend to get sick often

c)

young, healthy people

d)

college students

26.

Your ____ has all the information you'd need in case of an accident.

a)

local police station

b)

liability insurance

c)

insurance card

d)

glove box

27.

Most insurance companies allow a ____, during which you can pay your premium before you lose your coverage.

a)

grace period

b)

out-of-pocket maximum

c)

Long-Term Disability Insurance

d)

claim

28.

Disability insurance isn't intended to make you ____ but to ____ when you need it.

a)

a millionaire; keep you poor

b)

hungry; keep food on your table

c)

poor; make you rich

d)

rich; pay your bills

29.

Don't get sucked into the ____ scam.

a)

Self Insurance

b)

Whole Life Insurance

c)

Term Life Insurance

d)

Health Care

30.

Medicare and Medicaid are examples of _____.

a)

Health Savings Accounts

b)

government programs for public health insurance

c)

private health insurance companies

d)

Emergency Medical Systems

31.

Homeowner's insurance costs are ____ in states that are more susceptible to hurricanes, floods, or tornadoes.

a)

higher

b)

non-existent

c)

lower

d)

better

32.

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

a)

Collision Insurance

b)

Personal Injury Protection

c)

Uninsured Motorist Protection

d)

Liability Insurance

33.

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

a)

copay

b)

deductible

c)

claim

d)

coverage

34.

Own occupation disability insurance will pay you if you ____.

a)

can't work any job

b)

can't do the job you were educated to do

c)

you're healthy and able-bodied

d)

are older than 26 years of age

35.

The purpose of life insurance is to replace your _____ when you die.

a)

legacy

b)

health care

c)

income

d)

life

36.

Through the Affordable Care Act, you can stay on your parents' health insurance until ____.

a)

you turn 26 years old

b)

you turn 18 years old

c)

you get married

d)

you move out of the house

37.

If you're unable to live in your home while it's being repaired, ____ coverage will cover those additional living expenses.

a)

Renter's Insurance

b)

Loss of Use

c)

Personal Property

d)

Dwelling Insurance

38.

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

a)

anything other than a collision

b)

accidents that happen on the road

c)

a collision

d)

personal injuries

39.

Renter's insurance will cover you and your belongings if there is ever a fire, theft, or vandalism.

a)

True

b)

False

40.

In return for paying the insurance company a fee, they will . . .

a)

pay for certain expenses or damages.

b)

give you a paycheck every month.

c)

manage your money for you.

d)

create your monthly budget.

41.

____ will provide money to replace lost income for years - even up to retirement.

a)

Short-Term Disability

b)

Necessary insurance

c)

Identity Theft Protection

d)

Long-Term Disability

42.

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

a)

pass away

b)

turn 18

c)

get injured

d)

move out of the house

43.

If you're young and healthy, medical insurance is not as necessary.

a)

True

b)

False

44.

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

a)

Liability Coverage

b)

Homeowner's Insurance

c)

Personal Property Coverage

d)

Dwelling Insurance

45.

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

a)

health insurance

b)

an SUV

c)

Liability Insurance

d)

a hefty savings account

46.

Insurance helps you transfer the _____ from your bank account to the insurance company.

a)

risk

b)

money

c)

insurance

d)

health