Personal Finance Unit 3 (Ch. 7-9)

Which of the following is NOT an example of a negotiating strategy?

The time between a disabling event and when payments begin is known as the...

Roughly, what percentage of people get their life insurance from their employer?

An employer-sponsored retirement plan provided by a non-profit company.

Duplicate insurance coverage is...

Which auto insurance policy only covers another driver's injuries and property damage?

Select the least liquid investment.

A term for spreading around your risk to different investments.

A financially motivated, non-violent crime is known as a ______________ crime.

What is the least important factor in determining how much of your income you save?

This type of retirement account has the opportunity for an employer to match your contributions

A specified amount of money that you must pay before an insurance company will pay a claim.

A life insurance policy for a specific period of years is called...

What must you do with your 401k when you leave an employer in order to avoid taxes/penalties?

What type of insurance should you purchase if you move into an apartment?

A public sale in which property or items of merchandise are sold to the highest bidder.

A collection of investors' cash that a professional money manager uses to buy investments.

This type of insurance should be purchased as soon as you turn 60 years old.

Dave Ramsey's daughter is named _____________.

Company may issues this type of debt investment in order to raise money.

What three pieces of information do you need in order to compute the compound interest formula?

How many foundations of personal finance are there?

Which type of auto insurance policy provides the most coverage to individuals?

This retirement plan is not taxed when an individual withdrawals money after age 59 1/2.

A savings account sold by an insurance company, designed to provide specified payments to owner

What insurance policies do you need immediately after high school?

True/False: Don't trust pawn shops since they sell stolen goods.

Which investment would likely have the highest rate of return?

Which risk management strategy is used when you purchase an insurance policy?