and answers 100% pass
an example of a risk management strategy is... ✔✔both a and c
what is a risk management strategy you could use to protect your home? ✔✔a and b
how is having a security system for you home a risk management strategy? ✔✔the security
system will alert authorities and deter criminals, protecting your valuables and property
an insurance premium is... ✔✔the amount of money you pay for an insurance policy
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
what will collision insurance cover in the event of an accident ✔✔damage to your car
liability insurance is... ✔✔insurance that will pay for injury to another driver and/or damage to
their car if you are in an accident
, collision insurance is... ✔✔insurance that will pay to get your car fixed in the event of an
accident
what does liability insurance not cover in the event of an accident? ✔✔injury to yourself
what do people purchase as a form of risk management to protect themselves from losing a lot of
money in the event something happens to them or their property ✔✔insurance
why should you purchase insurance? ✔✔to prevent a financial burden in the case of an accident,
theft, or another event
why is it important to have insurance? ✔✔a and b
what can insurance protect you from? ✔✔a and c
which of the following is not an advtange of having health insurance? ✔✔people with health
insurance can skip lines in emergency rooms