Economics: Insurance/ Questions with
Verified Answers.
Insurance does not make you _______ - Answer: wealthy
The purpose of insurance is to transfer ____ that we can't handle
ourselves. - Answer: risk
We want to transfer the ___ things we can't handle - Answer: big
Page 1 of 6
, Homeowners insurance is for people who ___ their home - Answer:
own
Homeowners insurance includes ________ coverage and personal
belongings - Answer: dwelling
_______ insurance is not very expensive - Answer: renters
The more risk you accept on the front end, the _____ your premium is
going to be - Answer: lower
The deductible is the amount you pay up _____ - Answer: front
______ expenses are the number one cause of bankruptcy in America -
Answer: health
Page 2 of 6
Verified Answers.
Insurance does not make you _______ - Answer: wealthy
The purpose of insurance is to transfer ____ that we can't handle
ourselves. - Answer: risk
We want to transfer the ___ things we can't handle - Answer: big
Page 1 of 6
, Homeowners insurance is for people who ___ their home - Answer:
own
Homeowners insurance includes ________ coverage and personal
belongings - Answer: dwelling
_______ insurance is not very expensive - Answer: renters
The more risk you accept on the front end, the _____ your premium is
going to be - Answer: lower
The deductible is the amount you pay up _____ - Answer: front
______ expenses are the number one cause of bankruptcy in America -
Answer: health
Page 2 of 6
