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After high school, you should have the following types of insurance: auto, renterʹs, health and long-term care insurance.
False
Reduced risk
Emergency funds and short-term goals
Disability insurance is not necessary if you have a good health insurance policy.
True
Liability
Dividend
Enable their money to make money
You are involved in a two-car accident in which you are at fault. The other driver is injured and your insurance covers the medical expenses of the victim. This type of insurance coverage is called:
False
Reduced risk
Emergency funds and short-term goals
Disability insurance is not necessary if you have a good health insurance policy.
True
Liability
Dividend
Enable their money to make money
Company Xʹs board of directors has decided to issue a portion of its earnings to its shareholders.If you own stock in Company X, you can expect to receive a(n):
False
Reduced risk
Emergency funds and short-term goals
Disability insurance is not necessary if you have a good health insurance policy.
True
Liability
Dividend
Enable their money to make money
Which of the following statements about disability insurance is false?
False
Reduced risk
Emergency funds and short-term goals
Disability insurance is not necessary if you have a good health insurance policy.
True
Liability
Dividend
Enable their money to make money
Savings accounts and money-market accounts are most appropriate for:
False
Reduced risk
Emergency funds and short-term goals
Disability insurance is not necessary if you have a good health insurance policy.
True
Liability
Dividend
Enable their money to make money
A reason that people need to save and invest is to:
False
Reduced risk
Emergency funds and short-term goals
Disability insurance is not necessary if you have a good health insurance policy.
True
Liability
Dividend
Enable their money to make money
The benefit of diversification in your investments is:
False
Reduced risk
Emergency funds and short-term goals
Disability insurance is not necessary if you have a good health insurance policy.
True
Liability
Dividend
Enable their money to make money
You can start investing with a small amount of money.
False
Reduced risk
Emergency funds and short-term goals
Disability insurance is not necessary if you have a good health insurance policy.
True
Liability
Dividend
Enable their money to make money
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