BUSN 380 DEVRY COMPLETE QUIZ PACKAGE
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property damage liability<br />
medical payments<br />
comprehensive physical damage<br />
Question 12. Question : (TCO 4) If Lisa Johnson is in an accident and the other driver is legally at fault,<br />
_____ coverage would pay for damage to her vehicle.<br />
<br />
<br />
<br />
<br />
<br />
uninsured motorists protection<br />
collision<br />
comprehensive physical damage<br />
property damage liability<br />
assigned risk<br />
Question 13. Question : (TCO 4) Individuals and families purchase life insurance primarily to<br />
<br />
<br />
<br />
<br />
<br />
pay liability claims resulting from accidents.<br />
fill financial needs created by the loss of the breadwinner.<br />
fund lavish retirement vacations.<br />
keep up with people with a similar financial situation.<br />
make early retirement possible.<br />
Question 14. Question : (TCO 4) You probably have little or no need for life insurance if you are<br />
<br />
<br />
<br />
<br />
<br />
a single person living alone or with parents.<br />
divorced and have two children.<br />
married and your spouse works.<br />
gainfully employed.<br />
a household with several children.<br />
Question 15. Question : (TCO 4) Your annual income is $50,000. What is your life insurance need<br />
based on the easy method?<br />
$245,000<br />
$300,000<br />
$345,000<br />
$400,000<br />
$450,000<br />
Question 16. Question : (TCO 4) Which type of insurance is sometimes called temporary insurance?<br />
<br />
<br />
<br />
<br />
<br />
Whole life<br />
Term<br />
Straight life<br />
Ordinary life<br />
Modified life
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