Adult Living

Question 1

What are the different types of insurances?

Answer 1

Life, Health, Auto, and Disability

Question 2

Collision

Answer 2

an instance of one moving object striking violently against another

Question 3

Comprehensive

Answer 3

complete; including all or nearly all elements or aspects of something

Question 4

Personal Injury

Answer 4

injury inflicted on a person

Question 5

Policy Holder

Answer 5

a person or group whose name an insurance policy is held

Question 6

Premium

Answer 6

the amount paid to the insurance

Question 7

Deductible

Answer 7

amount able to deduct from a cost

Question 8

Types of coverage with auto insurance

Answer 8

liability, collision, comprehensive, personal injury, and uninsured motorist protection

Question 9

What can be covered with medical insurance?

Answer 9

Hospital, surgeries, dental, vision, prescriptions

Question 10

Beneficiary

Answer 10

the recipient of money if a person dies

Question 11

Dependent

Answer 11

a person who relies on someone financially

Question 12

What does disability insurance cover?

Answer 12

replaces a portion of income if the person becomes disable

Question 13

What does homeowners/renters insurance cover?

Answer 13

damage due to fire, flooding, natural disasters

Question 14

What needs to be on a resume?

Answer 14

name, address, phone number, email, objective, experience, education, skills and activities, and references

Question 15

What are some mistakes that can be made on a resume?

Answer 15

spelling mistakes and grammar errors, leaving off important stuff and putting unimportant stuff in place

Question 16

Fixed budget

Answer 16

same amount spent every time like rent and electricity bills

Question 17

flexible budget

Answer 17

not constant spending such as food

Question 18

6 steps to a budget plan

Answer 18

set financial plan
organize
decide
implement
control
evaluate