insurance everfi module 7
1. an example of a risk management strategy is...: both a and c
2. what is a risk management strategy you could use to protect your
home?-
: a and b
3. how is having a security system for you home a risk management strate-
gy?: the security system will alert authorities and deter criminals,
protecting your valuables and property
4. an insurance premium is...: the amount of money you pay for an
insurance policy
5. when filing an insurance claim, the policyholder must pay a ,
which is the amount you owe before insurance will cover the rest of
the bill: deductible
6. what will collision insurance cover in the event of an accident: damage
to your car
7. liability insurance is...: insurance that will pay for injury to another
driver and/or damage to their car if you are in an accident
8.collision insurance is...: insurance that will pay to get your car fixed in
the event of an accident
9. what does liability insurance not cover in the event of an accident?:
injury to yourself
10.what do people purchase as a form of risk management to protect
them- selves from losing a lot of money in the event something happens to
them or their property: insurance
11.why should you purchase insurance?: to prevent a financial burden
in the case of an accident, theft, or another event
12.why is it important to have insurance?: a and b
13.what can insurance protect you from?: a and c
14. which of the following is not an advtange of having health insurance?: -
people with health insurance can skip lines in emergency rooms
15.when is it ok not to have health insurance?: you should always have
health insurance
16.what is a consequence of not having health insurance?: you must pay
1/2
1. an example of a risk management strategy is...: both a and c
2. what is a risk management strategy you could use to protect your
home?-
: a and b
3. how is having a security system for you home a risk management strate-
gy?: the security system will alert authorities and deter criminals,
protecting your valuables and property
4. an insurance premium is...: the amount of money you pay for an
insurance policy
5. when filing an insurance claim, the policyholder must pay a ,
which is the amount you owe before insurance will cover the rest of
the bill: deductible
6. what will collision insurance cover in the event of an accident: damage
to your car
7. liability insurance is...: insurance that will pay for injury to another
driver and/or damage to their car if you are in an accident
8.collision insurance is...: insurance that will pay to get your car fixed in
the event of an accident
9. what does liability insurance not cover in the event of an accident?:
injury to yourself
10.what do people purchase as a form of risk management to protect
them- selves from losing a lot of money in the event something happens to
them or their property: insurance
11.why should you purchase insurance?: to prevent a financial burden
in the case of an accident, theft, or another event
12.why is it important to have insurance?: a and b
13.what can insurance protect you from?: a and c
14. which of the following is not an advtange of having health insurance?: -
people with health insurance can skip lines in emergency rooms
15.when is it ok not to have health insurance?: you should always have
health insurance
16.what is a consequence of not having health insurance?: you must pay
1/2
