Investing
What is one thing to consider when investing?
Risk Tolerance
How many type of credit are there?
2 Types
What is a Type of insurance?
Home owners, Renters, Life, etc.
What does property insurance cover?
Loss of/or damage to home, property and belongings.
Who gets Medicare?
Seniors, 65+
What is another thing to consider when investing?
Access to Funds
What are the 2 types of credit?
Credir Cards and Installment Credit
What does Bodily Injury Liability Cover?
Pays for medical expenses and Lost wages due to not working
How much is Health Insurance
TRICK QUESTION!!!!! There are many factors that have an impact on individual cost of health insurance
Who gets Medicaid?
Low income families lmao
Another thing to consider when investing?
Taxes + Inflation
What are credit cards?
Plastic card, Issued by stores banks, Payments monthly
What does property damage liability cover?
Pays for vehicle or property (like a fence) which you are at fault or liable + Legal fees
What does life insurance even do??
Provides financial support to family members at the time of your death
What is Unemployment insurance?
For those who have lost income by losing their jobs, Get that money man
What is ANOTHER thing you can consider while investing?
Interest Rate
What is installment credit?
Buying expensive payments like Cars/Houses
What does collision cover?
Pays for losses to your car in a non- collision situation (like theft)
What is a beneficiary?
Someone who inherits the money/personal belongings after you die
What is a premium?
Set amount paid by the insured to have an insurance property
What is another another thing you can consider when investing?
Domestic + International Economic Conditions
Who can look at your credit? (Name 4)
Employers, Insurance Agencies, Government Agencies, Landlords
What does Car insurance cover?
Bodily Injury, Property Damage, Collision
What is co- insurance?
EX. A patient is responsible for 15% while the insurance covers the remaining 85%
What even is insurance anyways?
Gives protection from potential losses, agreeing to pay a premium to avoid higher costs