Multiple Choice Questions

an example of a risk management strategy is...
  • a and c
  • a and b
  • both a and c
  • buying a new car
collision insurance is...
  • insurance can cover you or your property in case of an accident, theft, or another unpredictable event
  • insurance that will pay to get your car fixed in the event of an accident
  • insurance that will pay for injury to another driver and/or damage to their car if you are in an accident
  • to prevent a financial burden in the case of an accident, theft, or another event
which of the following is a reason someone should get health insurance?
  • people with health insurance can skip lines in emergency rooms
  • health insurance protects you financially from medical emergencies
  • you should always have health insurance, regardless of your circumstances
  • being young and healthy means you can skip out on health insurance
liability insurance is...
  • to prevent a financial burden in the case of an accident, theft, or another event
  • insurance that will pay to get your car fixed in the event of an accident
  • insurance can cover you or your property in case of an accident, theft, or another unpredictable event
  • insurance that will pay for injury to another driver and/or damage to their car if you are in an accident
when is it ok not to have health insurance?
  • the amount of money you pay for an insurance policy
  • you should always have health insurance
  • you should always have health insurance, regardless of your circumstances
  • you must pay all costs for health care and medical emergencies
which is not an example of a risk management strategy?
  • buying a new car
  • damage to your car
  • both a and c
  • injury to yourself
buying a home security system is an example of protecting your home against _______
  • risk
  • collision insurance
  • risk management strategies
  • a and b
all of the following are true about health insurance except:
  • health insurance protects you financially from medical emergencies
  • being young and healthy means you can skip out on health insurance
  • people with health insurance can skip lines in emergency rooms
  • you should always have health insurance, regardless of your circumstances
what do people purchase as a form of risk management to protect themselves from losing a lot of money in the event something happens to them or their property
  • insurance premium
  • insurance
  • deductible
  • a and b
a deductible is paid by...
  • the amount you owe before insurance will cover the rest of the bill
  • the amount of money you pay for an insurance policy
  • both a and c
  • the policyholder
if you get into a car accident, your ______ may increase because you will be considered riskier for insurance companies to covee
  • insurance premium
  • injury to yourself
  • insurance
  • liability insurance
what will collision insurance cover in the event of an accident
  • damage to your car
  • buying a new car
  • injury to yourself
  • collision insurance
how is having a security system for you home a risk management strategy?
  • the security system will alert authorities and deter criminals, protecting your valuables and property
  • risk
  • people with health insurance can skip lines in emergency rooms
  • insurance can cover you or your property in case of an accident, theft, or another unpredictable event
insurance that will pay for injury to another driver and/or damage to their car if you are in an accident is called...
  • collision insurance
  • liability insurance
  • insurance premium
  • injury to yourself
what is a risk management strategy you could use to protect your home?
  • a and b
  • a and c
  • injury to yourself
  • damage to your car
insurance that covers damage to your car from an accident is called...
  • collision insurance
  • injury to yourself
  • liability insurance
  • damage to your car
what does liability insurance not cover in the event of an accident?
  • damage to your car
  • insurance premium
  • collision insurance
  • injury to yourself
something people buy to protect themselves from losing a lot of money in the event something happens to them or their property is known as...
  • insurance
  • deductible
  • insurance premium
  • risk management strategies
choose the statement that is true about health insurance
  • you should always have health insurance
  • being young and healthy means you can skip out on health insurance
  • you should always have health insurance, regardless of your circumstances
  • you must pay all costs for health care and medical emergencies
wearing a seat belt, not texting when driving, and driving carefully are all examples of...
  • liability insurance
  • insurance premium
  • risk management strategies
  • collision insurance
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Multiple Choice Questions
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