Renters
What are perils?
events that can cause financial lost
What does disability insurance do?
it provides income in case of inability to work
What does health insurance protect against?
financial loss from injury, illness, and disability
Which do you do first: buy car insurance or receive a valid insurance card?
buy insurance
What does homeowners insurance include?
liability and property
What is the deductible?
amount of money YOU pay before insurance kicks in
If you have a $1,000,000 deductible, and the cost to fix your car is $1000, how much are you paying?
$0
Which ways can health insurance be purchased?
AN: individual and employer
Your apartment is flooded and you need to replace your clothes and furniture. What type of insurance do you need?
Renters insurance
What does liability do?
protects you from financial losses if someone else gets hurt on your property
How little can renters cost?
$12 monthly
What is variable life insurance?
a permanent life policy with an investment component
What are all factors for health insurance?*
Age, individual vs. family enrollment, tobacco use, where you live
Which type of car insurance only pays you medical bills, without mattering whose fault it was?
AN: Med pay
Average home insurance as of 2025?
AN: $1,915 a year, or about $160 a month,
With renters insurance, what is covered?
contents of dwelling, living expenses
What are all the factors for life insurance?
family medical history, health history, age, marital status
What are out-of-pocket expenses?
med care expenses that are not covered by your health insurance
What does underinsured mean?
not enough liability to cover damages, for another driver to you
What is a mortgage?
AN: an agreement between you and a lender that gives the lender the right to take your property if you don't repay the money you've borrowed plus interest.
Which is an insurance company: Quack, Geico, City Farm, or Aggressive?
Geico
What is the beneficiary?
AN: person who gets policy money
What to do if you don’t want to pay health insurance?
don’t take care of your health
What is comprehensive auto insurance?
coverage that protects the damage to the vehicle caused by non-collision event outside your control
How to calculate home insurance?
TRICK QUESTION there is no way