Dave Ramsey Foundations in Personal
Finance - Chapter 9 Video Terms, Exam with
Questions and Correct Answers/ Already
Grade A+ (latest version)
While paying insurance premiums may feel like you're losing money, in the end it really
helps you ___ more of it. - Answer✔️✔️get
When the consumer is _____ with ___________, the consumer makes different decisions. -
Answer✔️✔️armed, information
The purpose of insurance is to ________ risk. - Answer✔️✔️transfer
Without proper insurance, certain losses can ________ you. - Answer✔️✔️bankrupt
Insurance puts an ________ over your life, the hard work that you've done, the money you've
saved, and the money that you have to invest. - Answer✔️✔️umbrella
If you have a full emergency fund, the best way to keep your premiums down is to raise your
__________. - Answer✔️✔️deductible
, Homeowner's insurance should be "guaranteed ___________ cost" instead of extended
replacement cost. - Answer✔️✔️replacement
When you are ready to move out of your parents' house, you need to have _______ insurance,
which covers the ________ of the renter's apartment in the event of a fire, storm, or theft. -
Answer✔️✔️renters, contents
________ liability policies are a good buy once you have some assets. -
Answer✔️✔️Umbrella
Increase your __________ and/or coinsurance amount. - Answer✔️✔️deductible
Increase your ____-____, but never decrease your maximum pay. - Answer✔️✔️stop loss
See if an ___, a Health Savings Account, would make sense for your situation. -
Answer✔️✔️HSA
The HSA is a ___-__________ savings account for medical expenses that works with a high-
deductible insurance policy. - Answer✔️✔️tax advantaged
Finance - Chapter 9 Video Terms, Exam with
Questions and Correct Answers/ Already
Grade A+ (latest version)
While paying insurance premiums may feel like you're losing money, in the end it really
helps you ___ more of it. - Answer✔️✔️get
When the consumer is _____ with ___________, the consumer makes different decisions. -
Answer✔️✔️armed, information
The purpose of insurance is to ________ risk. - Answer✔️✔️transfer
Without proper insurance, certain losses can ________ you. - Answer✔️✔️bankrupt
Insurance puts an ________ over your life, the hard work that you've done, the money you've
saved, and the money that you have to invest. - Answer✔️✔️umbrella
If you have a full emergency fund, the best way to keep your premiums down is to raise your
__________. - Answer✔️✔️deductible
, Homeowner's insurance should be "guaranteed ___________ cost" instead of extended
replacement cost. - Answer✔️✔️replacement
When you are ready to move out of your parents' house, you need to have _______ insurance,
which covers the ________ of the renter's apartment in the event of a fire, storm, or theft. -
Answer✔️✔️renters, contents
________ liability policies are a good buy once you have some assets. -
Answer✔️✔️Umbrella
Increase your __________ and/or coinsurance amount. - Answer✔️✔️deductible
Increase your ____-____, but never decrease your maximum pay. - Answer✔️✔️stop loss
See if an ___, a Health Savings Account, would make sense for your situation. -
Answer✔️✔️HSA
The HSA is a ___-__________ savings account for medical expenses that works with a high-
deductible insurance policy. - Answer✔️✔️tax advantaged
