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Prepaid burial policies are a good idea.
B) Cancer and hospital indemnity insurance
False
A) You should not buy long-term care insurance until age 30.
C) If you are young and healthy, you do not need health insurance.
False
False
True
B) Cash value insurance is normally for life and is more expensive than term life insurance because it funds a savings plan
10) Which of the following statements about long-term care insurance is false?
B) Cancer and hospital indemnity insurance
False
A) You should not buy long-term care insurance until age 30.
C) If you are young and healthy, you do not need health insurance.
False
False
True
B) Cash value insurance is normally for life and is more expensive than term life insurance because it funds a savings plan
Renterʹs insurance is not necessary if you donʹt have a lot of expensive things.
B) Cancer and hospital indemnity insurance
False
A) You should not buy long-term care insurance until age 30.
C) If you are young and healthy, you do not need health insurance.
False
False
True
B) Cash value insurance is normally for life and is more expensive than term life insurance because it funds a savings plan
12) Which of the following statements about life insurance is true?
B) Cancer and hospital indemnity insurance
False
A) You should not buy long-term care insurance until age 30.
C) If you are young and healthy, you do not need health insurance.
False
False
True
B) Cash value insurance is normally for life and is more expensive than term life insurance because it funds a savings plan
Which of the following is not a recommended way to save on your health insurance premium?
B) Cancer and hospital indemnity insurance
False
A) You should not buy long-term care insurance until age 30.
C) If you are young and healthy, you do not need health insurance.
False
False
True
B) Cash value insurance is normally for life and is more expensive than term life insurance because it funds a savings plan
16) Comprehensive coverage takes care of damage to your car that is not caused by a collision.
B) Cancer and hospital indemnity insurance
False
A) You should not buy long-term care insurance until age 30.
C) If you are young and healthy, you do not need health insurance.
False
False
True
B) Cash value insurance is normally for life and is more expensive than term life insurance because it funds a savings plan
After high school, you should have the following types of insurance: auto, renterʹs, health and long-term care insurance.
B) Cancer and hospital indemnity insurance
False
A) You should not buy long-term care insurance until age 30.
C) If you are young and healthy, you do not need health insurance.
False
False
True
B) Cash value insurance is normally for life and is more expensive than term life insurance because it funds a savings plan
14) Which of the following policies would be a duplicate coverage for your health insurance policy?
B) Cancer and hospital indemnity insurance
False
A) You should not buy long-term care insurance until age 30.
C) If you are young and healthy, you do not need health insurance.
False
False
True
B) Cash value insurance is normally for life and is more expensive than term life insurance because it funds a savings plan
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