What is the fee that a policyholder pays when an insurance company agrees to take on the risk?

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FP 120 Essentials Of Personal Finance Week 5 Final Exam Answers

 

  1. What is the fee that a policyholder pays when an insurance company agrees to take on the risk?
  2. Which type of auto insurance coverage pays if your car is stolen?
  3. The set amount that you must pay toward medical expenses before he insurance company pays benefits is called
  4. What is a function of disability insurance?
  5. Most people buy life insurance to
  6. Which of the following households most likely has the greatest need for life insurance?
  7. Which of the following is NOT a type of permanent insurance?
  8. When calculating federal income taxes, what increases "income"?
  9. The form you file with your employer to determine how much income tax is withheld from your check is
  10. The Federal Insurance Contributions Act (FICA) created this payroll deduction for federal government retirement benefits (such as old age, survivor, and disability insurance)
  11. When are taxes due?
  12. At the end of the year, employees receive a ________ form that reports annual earnings and the amounts deducted for taxes from their employers.
  13. Most information on your credit file can be reported for up to how many years? 
  14. All of the following are fixed operating costs for a vehicle except
  15. Trenton wants to buy a house but can provide only a 10% down payment. He probably will be required to have
  16. Students should aim to keep their total student loan debt to
  17. A valid, long-term investment goal is
  18. What is the difference between a will and a living will? 
  19. If you start a new job and are offered the opportunity to participate in the company’s 401(k) or 403(b) retirement plan, which of the following decisions can affect your financial future?
  20. All of the following are signs of financial trouble except: