Insurance and investments

When should you consider lowering your auto coverage to only Liability coverage

Biggest difference between CD and a Money market account

uEasiest and most affordable life insurance to buy

401K =

You hit a deer at night and your car is damaged severely (everyone is ok though) You need ___________ to fix your car?

Provides death benefits as well as a cash value accumulation that builds during the life of the policy

all 401K plans are the same

involuntary fees levied on individuals or corporations

At what age can you begin to draw Social Security benefits (in todays market)

What form do you submit to pay your taxes (or get a refund)

plans offer a wide range of health-care services through a specific network of providers

Renters insurance is quite expensive because people always damage the apartment due to the fact they do not own it

A homeowners policy will pay for damages if your house floods due to a hurricane?

Type of insurance that develops a cash value

CD stands for

15/25/30

Taxes are levied by _____________

PPO =

"Don't put all your eggs in one basket" refers to __________

You are required to carry Uninsured Motorist Insurance to protect you when you are in an accident

If you own "Shares" of stock in a company then you _____________

This type of fund helps to spread the risk of volatility of the stock market

covers damage to your car after an accident involving another vehicle

At your age which would be a better choice for an investment with reference to Taxes

At what age can you retire and access your IRA?

is a qualified employer-sponsored plan that eligible employees may make salary-deferral contributions to

Employers offering a 401(k) may make matching or non-elective contributions to the plan on behalf of eligible employees

Which of the following is not a common insurance type? (that we discussed in class)

Earnings in a 401(k) plan accrue on a tax-deferred basis.

If you had to choose where to invest your money what would be your best choice