Free Printable Ch4 Investments, Insurance and Identity Theft

Worksheets

Ch4 Investments, Insurance and Identity Theft

Total questions: 13

Worksheet time: 13mins

Name

Class

Date

A savings account should be used for your emergency fund and your

Short-term savings goals

Long-term savings goals

This type of investment represents small pieces of ownership in a company.

Stocks

Bonds

Mutual funds

Certificates of deposit

This type of investment involves a pool of money collected from a group of investors.

Stocks

Bonds

Mutual funds

Certificates of deposit

A type of savings account where you agree to leave your money alone for a period of time.

Stocks

Bonds

Mutual funds

Certificates of deposit

Which of the following types of investment carries the greatest risk?

Stocks

Bonds

Mutual funds

Certificates of deposit

The money you pay for an insurance policy is called your

Dividend

Coverage

Premium

Copay

Which of the following types of insurance would cover your costs associated with a car accident?

Auto

Health

Disability

Long-term care

Which of the following types of insurance would cover costs associated with the theft of belongings from your house?

Homeowners or Renters

Health

Disability

Long-term care

Explain why a savings account is not a good option for long-term wealth building.

A savings account is not a good option for long-term wealth building due to low interest rates and lack of investment growth potential.

Savings accounts provide excellent growth potential over time.

Savings accounts are ideal for retirement planning.

Savings accounts offer high returns on investment.

10.

List four ways you can protect yourself against identity theft.

1. Monitor your credit reports regularly. 2. Use strong, unique passwords. 3. Enable two-factor authentication. 4. Be cautious with personal information sharing.

Ignore suspicious emails and messages.

Use the same password for all accounts.

Share your passwords with friends.

11.

What are some ways in which thieves can access your personal information?

Enabling two-factor authentication

Thieves can access personal information through phishing, malware, social engineering, and data breaches.

Regularly updating software

Using strong passwords

12.

What is the purpose of liability insurance?

To insure against theft of personal belongings.

The purpose of liability insurance is to protect against legal claims and financial losses due to injuries or damages caused to others.

To provide coverage for personal property damage only.

To cover medical expenses for the insured party.

13.

Related to insurance, what is a deductible and how does it work?

A deductible is the total amount insurance pays for a claim.

A deductible is the amount you pay before insurance covers the rest.

A deductible is a fee paid monthly to maintain insurance coverage.

A deductible is the percentage of a claim that the insurance company covers.

100 %

Ch4 Investments, Insurance and Identity Theft

Total questions: 13

Worksheet time: 13mins

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