Investing And Insurance Question Preview (ID: 42025)


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a type of security that signifies ownership in a corporation.
a) Bonds
b) Benefits Package
c) Stocks
d) Retirement Plan

pays out a sum of money either on the death of the covered person or after a set period.
a) Life Insurance
b) Property Insurance
c) 401K
d) Bonds

a policy that provides financial reimbursement to the owner or renter of a structure and its contents in the event of damage or theft.
a) Retirement Plan
b) Stocks
c) Life Insurance
d) Property Insurance

a qualified employer-established plan to which eligible employees may make salary deferral contributions.
a) Bonds
b) 401K
c) Benefits Package
d) Life Insurance

lets you pay less if you use doctors that belong to the plan's network but require you to get a referral from your primary care doctor to see a specialist.
a) Exclusive Provider Organization
b) Point of Service
c) Health Maintenance Organization
d) Preferred provider Organization

may require you to live or work within its service area to be eligible for coverage and often focuses on prevention and wellness?
a) Health Maintenance Organization
b) Exclusive Provider Oganization
c) Point of Service
d) Preferred Provider Organization

One of the safest ways to invest money in the stock market by using your bank as the broker.
a) Certificate of Deposite
b) Individual Retirement Account
c) 529 College Savings Plan
d) Index Fund

allows you to use doctors outside of the network without a referral for an additional cost.
a) Point of Service
b) Health Maintenance Organization
c) Preferred Provider Organization
d) Exclusive Provider

involved making a choice of various mutual funds, stocks, and bonds through your bank.
a) Individual Retirement Account
b) Certificate of Deposit
c) Index Fund
d) 529 College Fund

things such as medical insurance that employees receive in addition to money.
a) Benefits Package
b) Stocks
c) Bonds
d) Property Insurance

investment where an investor loans money to an entity which borrows the funds for a defined period of time at an interest rate
a) Benefits Package
b) Stocks
c) Bonds
d) Retirement Plan

investment allows you to set up an account for your child's higher-education cost.
a) Individual Retirement Account
b) Certificate of Deposit
c) Index Fund
d) 529 College Savings Plan

minimum required by law and if you don't have adequate coverage, you may end up with big bills?
a) Full-Coverage
b) Basic Homeowners
c) Liability
d) Renters

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