6.4 ESCAPE CAMP PF Review
HS: High School
Created on November 29, 2023
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Transcript
Escape the Camp while reviewing for the 6.4 quiz in Personal Finance.
ESCAPE CAMP
start!
ESCAPE CAMP
Get all the badges!
risk acceptance
risk avoidance
risk reduction
What strategy for managing risk do Hilary's actions demonstrate?
next!
🎜 Right! 🎝
Excellent!
selling the jewelery
storing jewlery in a vault at the bank
Which BEST describes sharing the risk in exchange for paying a policy premium?
having insurance on her jewelry
🎜 Right! 🎝
next!
Excellent!
What is the amount the policyholder must pay before the insurance company pays?
policy limit
declaration page
deductible
🎜 Right! 🎝
next!
Excellent!
The maximum amount an insurance company will pay is?
premium
deductible
policy limit
🎜 Right! 🎝
next!
Excellent!
A summary of the contents of the insurance policy contract is a?
declaration page
deductible
premium
🎜 Right! 🎝
next!
Excellent!
A premium is the cost of an insurance policy while a deductible is the amount the insured person pays when/if the insurance is needed.
false
true
🎜 Right! 🎝
next!
Excellent!
You got the Music Badge!
next!
Congratulations!
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ESCAPE CAMP
Get all the badges!
Medicaid
Question
Which of these is a private health insurance plan option?
plan through Bob's employer
Medicare
Bob is considering choices for his health insurance.
CHIP
Question
Which is the BEST insurance option for Ferdinand while he is looking?
Medicare
COBRA
Ferdinand is looking for a new job.
You got the Flora Badge!
next!
Congratulations!
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ESCAPE CAMP
Get all the badges!
Auto and Home Ins. deductibles are paid for each incident.
Deductibles are only paid when you use insurance.
Drag the light around to find the correct answer then click.
All of these
Health insurnace deductibles are paid once each year.
Drag!
Which is the BEST statement regarding insurance deductibles?
1/5
Your sound system was stolen from your car overnight.
You lose control of your car and knock down a fence.
Your basement floods.
Which of these would use casualty/liability insurance? (it's your fault)
2/5
You got the Sun Badge!
Congratulations!
next!
Try again.
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ESCAPE CAMP
Get all the badges!
collision
Choose the correct answer to leave the forest clean.
comprehensive
Which type of car insurance will cover the damage to your vehicle?
liabilty
Congratulations!
THANKS FOR PLAYING!
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