Discussion: Collision Insurance Quiz

Discussion: Collision Insurance Quiz

Discussion: Collision Insurance Quiz

ORDER NOW FOR AN ORIGINAL PAPER ASSIGNMENT: Discussion: Collision Insurance Quiz

 Week 4 Quiz

FIN/420 Week 4 Quiz

  1. The decision NOT to buy collision insurance on an old car

is called

  1. risk avoidance
  2. loss control
  3. risk reduction
  4. risk retention
  1. When purchasing insurance, you should
  2. trust your agent to determine your needs and wants.
  3. shop around for the lowest-cost coverage.
  4. stick with your current policy.
  5. understand that the best policies cost the most.
  1. Dana Garcia has a renter’s policy with a maximum limit for

personal property of $30,000. When her apartment suffered

fire damage, $15,000 of her personal property was destroyed.

The insurance would pay no more than ____ in this case.

  1. $30,000
  2. $20,000
  3. $15,000
  4. $5,000
  1. Under the Affordable Care Act, a health policy that cost 8

percent of your income for premiums or 9.5 percent of family

income if obtained through an employer is referred to as

  1. Medicare
  2. benchmark premium.
  3. individual shared responsibility fee.
  4. affordable health insurance.
  1. Under the Affordable Care Act, all health care plans must


  1. ten specified essential health benefits.
  2. up to ten family members.
  3. disability income insurance.
  4. no out-of-pocket spending requirements
  1. ______ provide(s) preventative care as well as other types

of care for a set monthly fee which is considered to be

advance payment for the care received.

  1. Traditional health insurance
  2. Consumer-driven health insurance
  3. Health maintenance organization (HMO)
  4. Preferred provider organization (PPO)
  1. Life insurance needs are ____ until your first child is born,

then the need is ____ until the youngest child is ten, and then

the need ____ until retirement.

  1. high; low; increases
  2. high; low; decreases
  3. low; high; increases
  4. low; high; decreases
  1. The major financial loss resulting from premature death is


  1. readjustment-period expenses.
  2. lost income of the deceased.
  3. necessary final expenses.
  4. debt-repayment expenses.
  1. The most accurate and complex method of calculating life

insurance needs is the

  1. needs-based approach.
  2. multiple-of-earnings approach.
  3. value-of-life approach.
  4. term life approach
  1. Which of the following is characteristic of term life


  1. Costs more than other types of life insurance
  2. Has premiums that decrease over one’s lifetime
  3. Provides no investment features

Pays benefits to the insured when the insured reaches age 65

Assignment Policies



Please read all of the information about the assignments below:


The assignments are to be done in Microsoft Word with Times New Roman 12- point font. Each assignment should use the modified APA 6th edition format. The assignment templates are set up in this modified format. The reference page should be in the APA format for every reference. The word requirement for the assignments are specifically stated in the guidelines of the assignment. The word count is from the first word of the introductory paragraph to the last word of the conclusion paragraph. FYI.


1- There should be a cited reference for each section of a paper as there are conclusion statements in each section (to meet the grading criteria) so the conclusion should be supported by a reference as the assignments are evidence-based research, clinical papers.

2- Word Count- The word count is done from the first word of the introductory paragraph to the last word of the conclusion. The word count must be within the minimum and maximum word limit stated in the assignment instructions. A 10% – point reduction will be made in the total points for the assignment.

Week 1 and 5 assignments should have SIX studies. Week 5 assignment is a compilation of sections from the week 1, 2 & 3 assignments.

Weeks 2 and 3 need to have at least THREE studies in the form of research studies. Please make sure that you look at the instructions for the assignment as well as the grading rubric. I have also provided templates for ALL assignments. It is in your best interest to use these as it will guide you so that you do not make common formatting errors.


Please utilize the resources in the STUDENT SUCCESS CENTER if you have difficulty with APA 6th Edition format, grammar, sentence structure, punctuation or tense structure.


Always submit the assignment in the drop box for that assignment. I cannot accept any assignment as an attachment to an email sent to my college email. Attaching it to a posting to the Questions to Instructor Forum or the Individual Forum is also not accepted.

I cannot grade any assignment unless it is placed into the drop box by the student per university policy.

Turn-It-In / Lopes Write

This is to be used for the assignments for these three weeks (2, 3 & 5) and it is NOT required for Week 1. All assignments will be placed through Turn It In first and then submitted in the drop box on the course shell. No assignments will be accepted as attachments to emails as this is not the university policy.

Grading Rubric-

The rubric for each assignment is found in the upper right- hand corner of the assignment page under the Forum Tab. Compare the requirements of the rubric with your paper prior to submission into the drop box so you will receive full credit for all graded criteria of the paper.

Late Assignment-

Any assignment that is late will have 10% deducted each day it is late. This is a 5- week class. It is imperative that you ask for help if you are having difficulty with an assignment.

You need to contact me as soon as possible if an assignment will be late prior to the submission deadline.