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9) Which of the following is true?
False
B) Cancer and hospital indemnity insurance
Elimination period
A) Their kids are grown, they have no debt, and they have fully funded retirement
Transfer financial risk
False
A) Any kind of duplicate insurance coverage is a bad idea.
False
After high school, you should have the following types of insurance: auto, renterʹs, health and long-term care insurance.
False
B) Cancer and hospital indemnity insurance
Elimination period
A) Their kids are grown, they have no debt, and they have fully funded retirement
Transfer financial risk
False
A) Any kind of duplicate insurance coverage is a bad idea.
False
A person becomes self-insured when:
False
B) Cancer and hospital indemnity insurance
Elimination period
A) Their kids are grown, they have no debt, and they have fully funded retirement
Transfer financial risk
False
A) Any kind of duplicate insurance coverage is a bad idea.
False
The time between the disabling event and the beginning of payments in your disability coverage is called:
False
B) Cancer and hospital indemnity insurance
Elimination period
A) Their kids are grown, they have no debt, and they have fully funded retirement
Transfer financial risk
False
A) Any kind of duplicate insurance coverage is a bad idea.
False
Renterʹs insurance is not necessary if you donʹt have a lot of expensive things.
False
B) Cancer and hospital indemnity insurance
Elimination period
A) Their kids are grown, they have no debt, and they have fully funded retirement
Transfer financial risk
False
A) Any kind of duplicate insurance coverage is a bad idea.
False
Prepaid burial policies are a good idea.
False
B) Cancer and hospital indemnity insurance
Elimination period
A) Their kids are grown, they have no debt, and they have fully funded retirement
Transfer financial risk
False
A) Any kind of duplicate insurance coverage is a bad idea.
False
The purpose of insurance is to:
False
B) Cancer and hospital indemnity insurance
Elimination period
A) Their kids are grown, they have no debt, and they have fully funded retirement
Transfer financial risk
False
A) Any kind of duplicate insurance coverage is a bad idea.
False
14) Which of the following policies would be a duplicate coverage for your health insurance policy?
False
B) Cancer and hospital indemnity insurance
Elimination period
A) Their kids are grown, they have no debt, and they have fully funded retirement
Transfer financial risk
False
A) Any kind of duplicate insurance coverage is a bad idea.
False
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