Quiz 6 What Type of Insurance is Required PDF

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Dashboard / My courses / FNCE1125.1192.A01.REG.A05.REG / Quizzes / Quiz 6: What Type of

Started on State Completed on Time taken Marks

Sunday, 22 March 2020, 3:29 PM Finished Sunday, 22 March 2020, 3:52 PM 23 mins 7 secs 20.00/20.00

Grade 10.00 out of 10.00 (100%) Question 1

33306258: You pass away at age 95 and have been able to leave some money behind for your heirs through an insurance policy you purchase many years ago.

Correct Mark 1.00 out of 1.00

You pass away at age 95 and have been able to leave some money behind for your heirs throu purchase many years ago. Select one: a. Whole Life Insurance  b. Group health insurance c. Long-term Care Insurance d. Medicare

The correct answer is: Whole Life Insurance

Question 2

33306262: In case of your death before your newborn son reaches age 18, you would like to ensure that your spouse will have sufficient money to raise him up to that age.

Correct Mark 1.00 out of 1.00

In case of your death before your newborn son reaches age 18, you would like to ensure that y money to raise him up to that age. Select one: a. Term Insurance  b. Long-term Care Insurance c. Decreasing Term Insurance d. Creditor Insurance

The correct answer is: Term Insurance

Question 4

33306264: You have caused an automobile accident in which you run through your neighbour

Catego

Correct Mark 1.00 out of 1.00

You have caused an automobile accident in which you run through your neighbour's fence. Select one: a. Section B: Accident Benefits b. Section A: Property Damage Liability  c. Section B: Uninsured Motorist d. Section C: Comprehensive Coverage

The correct answer is: Section A: Property Damage Liability

Question 5

33306260: You have purchased an insurance policy in which you decided to choose a level term cost of insurance option.

Catego

Correct Mark 1.00 out of 1.00

You have purchased an insurance policy in which you decided to choose a level term cost of in Select one: a. Decreasing Term Insurance b. Term Insurance  c. Creditor Insurance d. Universal Life Insurance

The correct answer is: Term Insurance

Question 6

33306259: You have recently moved into a new home and decided to purchase

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mortgage insurance through the bank. Correct Mark 1.00 out of 1.00

You have recently moved into a new home and decided to purchase mortgage insurance throu Select one: a. Creditor Insurance  b. Term Insurance c. Homeowner d. Universal Life Insurance

The correct answer is: Creditor Insurance

Question 8

33306263: You would like to have an insurance policy that will provide you with a monthly income if you are unable to work as a result of a stroke, heart disease, or life-threatening

Correct

cancer.

Mark 1.00 out of 1.00

You would like to have an insurance policy that will provide you with a monthly income if you a stroke, heart disease, or life-threatening cancer. Select one: a. Medicare b. Critical Illness Insurance c. Disability Insurance  d. Term Insurance

The correct answer is: Disability Insurance

Question 9

33306247: Your daughter needs braces.

Category: Default for Quiz 7: W

Correct Mark 1.00 out of 1.00

Your daughter needs braces. Select one: a. Term Insurance b. Group health insurance  c. Critical Illness Insurance d. Whole Life Insurance

The correct answer is: Group health insurance

Question 10

33306250: You have caused an automobile accident and have injured your back. Your doctor has recommended that you get some physiotherapy.

Correct Mark 1.00 out of 1.00

You have caused an automobile accident and have injured your back. Your doctor has recomm physiotherapy. Select one: a. Section A: Property Damage Liability b. Section A: Bodily Injury Liability c. Section B: Accident Benefits  d. Section C: Comprehensive Coverage

The correct answer is: Section B: Accident Benefits

Question 12

33306254: You are in an automobile accident and have injured your back. The other driver, who caused the accident, is uninsured.

Cate

Correct Mark 1.00 out of 1.00

You are in an automobile accident and have injured your back. The other driver, who caused th Select one: a. Section A: Property Damage Liability b. Section B: Accident Benefits c. Section C: Comprehensive Coverage d. Section B: Uninsured Motorist 

The correct answer is: Section B: Uninsured Motorist

Question 13

33306265: You have caused an automobile accident in which you are

Catego

driving someone else Correct Mark 1.00 out of 1.00

You have caused an automobile accident in which you are driving someone else's car, with the sues you for lost wages. Select one: a. Section C: Medical Benefits b. Section A: Bodily Injury Liability  c. Section A: Personal Damage Liability d. Section B: Comprehensive Coverage

The correct answer is: Section A: Bodily Injury Liability

Question 14

33306261: You have had a stroke and, as a result, are no longer able to dress

Catego

or got the bathroom by yourself. Correct Mark 1.00 out of 1.00

You have had a stroke and, as a result, are no longer able to dress or got the bathroom by you Select one: a. Universal Life Insurance b. Disability Insurance c. Critical Illness Insurance d. Long-term Care Insurance 

The correct answer is: Long-term Care Insurance

Question 16

33306249: While putting up Christmas lights on your home, you fell off a ladder and cracked 3 vertebrae in your back. You will be off work for 6 months.

Correct Mark 1.00 out of 1.00

While putting up Christmas lights on your home, you fell off a ladder and cracked 3 vertebrae i for 6 months. Select one: a. Medicare b. Disability Insurance  c. Group health insurance d. Critical Illness Insurance

The correct answer is: Disability Insurance

Question 17

33306251: You have caused an automobile accident that has resulted in

Catego

significant damage to your car. Correct Mark 1.00 out of 1.00

You have caused an automobile accident that has resulted in significant damage to your car. Select one: a. Section A: Property Damage Liability b. Section C: Collision Coverage  c. Section B: Accident Benefits d. Section C: Comprehensive Coverage

The correct answer is: Section C: Collision Coverage

Question 18

33306257: You have an acute case of appendicitis. The doctor has recommended an emergency appendectomy (i.e. the removal of your appendix).

Correct Mark 1.00 out of 1.00

You have an acute case of appendicitis. The doctor has recommended an emergency appende appendix). Select one: a. Group health insurance b. Disability Insurance c. Critical Illness Insurance d. Medicare 

The correct answer is: Medicare

Question 20

33306246: You live in an apartment unit and, as a result of a kitchen fire, there has been structural damage to the kitchen floor.

Catego

Correct Mark 1.00 out of 1.00

You live in an apartment unit and, as a result of a kitchen fire, there has been structural damag Select one: a. Tenant b. Comprehensive Coverage Insurance c. Umbrella Personal Liability Insurance d. Homeowner 

The correct answer is: Homeowner

Quiz 5: Mortgage Math

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