Budgeting

Rental Agreement is another word for what?

someone who receives money if an insured person dies

payment to others if a member of the insured household accidentally causes harm to other people or property

Contract specifying the tenant’s and landlord’s legal responsibilities.

A financial statement individuals can use to assist with money management.

– a financial product purchased by many people facing a similar risk to protect against the risk of larger losses

The price paid for the use of someone else’s property.

When there are more expenses than income.

Money Earned

Person who owns the property.

Which of the following is more likely to be least expensive?

the out-of-pocket money paid by the policyholder before an insurance company will cover the remaining costs attributed t

chance of loss from an event that cannot be entirely controlled

Money Spent

payment to insured person if his/her property is damaged or destroyed by an accident

When there is more income than expenses.

When do you need renters insurance?

Money paid to purchase the policy

Renting a product while ownership remains with the lease grantor.

The person renting a property.

Money paid to landlord to cover potential damage.

A contract between the insurance company and the insured
 that states the exact terms of the policy including what risks