Comprehensive health care insurance includes both basic health care coverage and major medical coverage. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
Homeowners’ policies may specifically limit reimbursement on unscheduled personal property. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
Hospital indemnity insurance pays you a set daily amount regardless of your actual expenses. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
By not driving in bad weather you are engaging in risk avoidance. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
A “living will” A) is also know as an irrevocable living trust. B) automatically redirects assets to your beneficiaries as you age. C) is a medical directive indicated the type of life support you wish to receive should you be incapacitated. D) transfers your assets to your beneficiaries before you die in the event you […]
Date: September 19th, 2020
A dividend reinvestment plan (DRIP) A) is offered by most stockbrokerage firms, rather than individual companies. B) is constructed to acquire a fixed number of shares when dividends are paid. C) accomplishes the same objective as dollar cost averaging; i.e., investing a relatively fixed amount of funds at regular intervals. D) offers investors the choice […]
Date: September 19th, 2020
Reducing the face amount of dwelling protection is an example of risk transfer. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
Which of the following definitions of disability provides the best protection against a reduction in your income? A) You are disabled if you cannot perform the main duties of your regular occupation. B) You are disabled if you are unable to engage in any occupation for which you are suited by training and experience. C) […]
Date: September 19th, 2020
About one-half of individuals in a given age grouping are likely to die before reaching their life expectancy. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
Risk avoidance is not always the best risk management strategy. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
