Devry BUSN 380 Week 6 Quiz Latest

1. Devry BUSN 380 Week 6 Quiz Latest Just Click on Below Link To Download This Course: https://www.devrycoursehelp.com/product/devry-busn-380-week-6-quiz-latest/ Or Email us help@devrycoursehelp.com Devry BUSN 380 Week 6 Quiz Latest Devry BUSN380 Week 6 Quiz Latest 2016 Jan. 1. 1.Question : (TCO 4) _____ risks refer to potential losses due to negligence resulting in bodily harm or property damage to others. Speculative Liability Property Personal Commercial Question 2. Question : (TCO 4) If you decide to install a new home security system with cameras, this is an example of _____ risk. shifting accepting transferring sharing reducing Question 3. Question : (TCO 4) The failure to take ordinary and reasonable care is referred to as negligence.

2. a benefit. damage. high risk. a hazard. Question 4. Question : (TCO 4) If a worker damages your home while painting several rooms, and you take action against the worker’s employer to cover the cost of the damage, this is an example of a(n) _____ liability. umbrella vicarious common situation peril assigned Question 5. Question : (TCO 4) Which of the following is not considered personal property for home insurance coverage? An automobile A garage Furniture Appliances A permanently installed air conditioning unit Question 6. Question : (TCO 4) State Farm has provided a quote to you for an umbrella policy. This type of policy provides coverage for expensive personal property. additional buildings on your property. property when traveling away from home.

3. major personal liability suits. flood damage. Question 7. Question : (TCO 4) When obtaining a home insurance policy, you will find that most will already provide coverage for earthquake damage. flood damage. medical payments. personal property floaters. an umbrella liability. Question 8. Question : (TCO 4) If claims need to be settled based on the current replacement cost of a damaged or lost item less depreciation, then the _____ method should be used. replacement value actual cash value umbrella endorsement personal property floater Question 9. Question : (TCO 4) Your home insurance policy has a $250 deductible. If a small fire causes $900 of damage to your home, what amount of the claim would the insurance company pay? $250 $0 $900 $650 Not able to determine from this information

4. Question 10. Question : (TCO 4) _____ coverage pays for medical care for people who were injured in your automobile. Comprehensive Bodily injury liability Collision Medical payments No-fault insurance Question 11. Question : (TCO 4) The 50 in 100/300/50 refers to _____ coverage. collision bodily injury liability property damage liability medical payments comprehensive physical damage Question 12. Question : (TCO 4) If Lisa Johnson is in an accident and the other driver is legally at fault, _____ coverage would pay for damage to her vehicle. uninsured motorists protection collision comprehensive physical damage property damage liability assigned risk Question 13. Question : (TCO 4) Individuals and families purchase life insurance primarily to pay liability claims resulting from accidents. fill financial needs created by the loss of the breadwinner. fund lavish retirement vacations.

5. keep up with people with a similar financial situation. make early retirement possible. Question 14. Question : (TCO 4) You probably have little or no need for life insurance if you are a single person living alone or with parents. divorced and have two children. married and your spouse works. gainfully employed. a household with several children. Question 15. Question : (TCO 4) Your annual income is $50,000. What is your life insurance need based on the easy method? $245,000 $300,000 $345,000 $400,000 $450,000 Question 16. Question : (TCO 4) Which type of insurance is sometimes called temporary insurance? Whole life Term Straight life Ordinary life Modified life Question 17. Question : (TCO 4) All of the following are innovative ways that concerned groups are containing healthcare costs except for

6. the establishment of incentives to encourage preventive care. encouraging the use of prepaid group practices. the establishment of community education programs so people can learn to take better care of themselves. encouraging doctors to pay cash for routine medical costs. picketing at hospitals and physician offices. Question 18. Question : (TCO 4) In order to reduce your healthcare costs, you should do your best to live dangerously. gain a little extra weight. smoke and drink. stay well. not seek medical care. Question 19. Question : (TCO 4) Because coverage and costs can vary from company to company, it is important to shop carefully for _____ coverage. group health individual health hospital expense surgical expense physician’s expense Question 20. Question : (TCO 4) A(n) _____ policy might not cover all of your health insurance needs or may deny benefits if you lose your job. comprehensive medical individual health

7. basic health group health disability income Download File Now