How Much Do You Know About Insurance?

1. Risk is best defined as:
Correct!
Wrong!

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2. Which of the following can be classified as an unexpected event that puts people at risk?
Correct!
Wrong!

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3. You are at risk for personal financial loss when:
Correct!
Wrong!

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4. Insurance is best described as:
Correct!
Wrong!

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5. An insurance premium is:
Correct!
Wrong!

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6. Where do insurance companies get money to pay out claims?
Correct!
Wrong!

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7. Which of the following best describes the relationship between risk and insurance premiums?
Correct!
Wrong!

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8. You can potentially lower insurance premiums by:
Correct!
Wrong!

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For those students who don't already know about insurance, it can be difficult to know which way is up. Find out how much your classroom knows. #healthinsurance #personafinance #Lifeinsurancefacts #lifeinsurance

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