PFP test 3 questions well answered to pass

PFP test 3 questions well answered to
pass

the individual designed to receive a LI policy's proceeds upon the death of the insured is called the
_____ - correct answer ✔✔beneficiary



your health insurance copay is - correct answer ✔✔a fixed amount you pay each time you use your plan



life insurance ______ your family - correct answer ✔✔protects



monthly or annual payment to the insurance company - correct answer ✔✔premium



has a life insurance and a savings component - correct answer ✔✔cash value life insurance



what is an insurance deductible - correct answer ✔✔amount you pay before the insurance company
pays



which insurance coverage is required by law - correct answer ✔✔auto insurance



which is the cheapest form or life insurance - correct answer ✔✔term life insurance



insurance the protects a tenant from damage to an apartment - correct answer ✔✔renters insurance



life insurance would be necessary in all the following situations except?

you are married and your spouse has no income

you financially support your disabled mother

you have three school aged children

you are single and have dependents - correct answer ✔✔you are single and have dependents