ECONOMICS
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Raising your deductible may be a good option when it comes to lowering your premium, but it is important to do a break-even analysis before making that decision. Financially, it makes sense to stay on your parents’ auto insurance policy through college if possible.
Detailed explanation-2: -An heir is someone who is legally entitled to inherit the deceased’s assets when no will is present. Heirs are typically children or other living relatives.
Detailed explanation-3: -Beneficiary. Describes the type of coverage in an insurance agreement. Policy. An amount of money you will pay to help cover a portion of your medical costs.
Detailed explanation-4: -Nerd. A person who is picky about budgeting and details. Time Poverty. A situation in which a person is lacking time, which leads to stress.