PF Ch. 11 Dave Ramsey 2025
with complete verified
solutions
transfer - answer the purpose of insurance is to _________ risk
bankrupt - answer without proper insurance, certain losses can ___________
you
deductible - answer if you have a full emergency fund, raise your
____________
liability - answer you should carry adequate ___________
collision - answer consider dropping your ____________ on older cars
replacement - answer homeowner's insurance should be "guaranteed
_____________ cost"
umbrella liability - answer policies that are a good buy once you have
some assets
25 - answer most auto insurance providers offer up to _____% discounts
for students that maintain a "B" average or better with their grades
47 million - answer how many Americans don't have health insurance?
18-24 - answer what ages are the least likely to have life insurance?
, medical bills and illnesses - answer what is the number 1 cause of
bankruptcy in the U.S.?
deductible - answer key to saving on your health premiums: increase
your ___________ and/or coinsurance amount
stop-loss - answer key to saving on your health premiums: increase your
______ - ________ but never decrease your maximum pay
HSA - answer key to saving on your health premiums: see if an ______
would make sense in your situation
Health Savings Account - answer what is a HSA
tax-sheltered - answer key to saving on your health premiums: the HSA is
a __________-_________ savings account for medical expenses that works with
a high deductible insurance policy
disability insurance - answer designed to replace income lost due to a
short-term or permanent disability
pays - answer try to buy disability insurance that ______ if you cannot
perform the job that you were educated or trained to do
occupational - answer insurance that pays if you can longer perform the
job you were trained or educated to do
5 - answer beware of short- term policies covering less than ___ years
after-tax - answer you should buy disability with ______-______ dollars
65 - answer your coverage should be for ____% of your current income
with complete verified
solutions
transfer - answer the purpose of insurance is to _________ risk
bankrupt - answer without proper insurance, certain losses can ___________
you
deductible - answer if you have a full emergency fund, raise your
____________
liability - answer you should carry adequate ___________
collision - answer consider dropping your ____________ on older cars
replacement - answer homeowner's insurance should be "guaranteed
_____________ cost"
umbrella liability - answer policies that are a good buy once you have
some assets
25 - answer most auto insurance providers offer up to _____% discounts
for students that maintain a "B" average or better with their grades
47 million - answer how many Americans don't have health insurance?
18-24 - answer what ages are the least likely to have life insurance?
, medical bills and illnesses - answer what is the number 1 cause of
bankruptcy in the U.S.?
deductible - answer key to saving on your health premiums: increase
your ___________ and/or coinsurance amount
stop-loss - answer key to saving on your health premiums: increase your
______ - ________ but never decrease your maximum pay
HSA - answer key to saving on your health premiums: see if an ______
would make sense in your situation
Health Savings Account - answer what is a HSA
tax-sheltered - answer key to saving on your health premiums: the HSA is
a __________-_________ savings account for medical expenses that works with
a high deductible insurance policy
disability insurance - answer designed to replace income lost due to a
short-term or permanent disability
pays - answer try to buy disability insurance that ______ if you cannot
perform the job that you were educated or trained to do
occupational - answer insurance that pays if you can longer perform the
job you were trained or educated to do
5 - answer beware of short- term policies covering less than ___ years
after-tax - answer you should buy disability with ______-______ dollars
65 - answer your coverage should be for ____% of your current income
