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Insurance and Risk — Test Answers

25 verified answers
21
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Why is being underinsured financially risky?

A
It removes deductibles
B
It lowers premiums
C
It leaves individuals responsible for large costs
D
It increases benefits
22
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Which features improve platform security? Select two.

A
Sharing login via email
B
HTTPS encryption
C
No password access
D
Multi-factor authentication
23

A person drives daily and has limited savings. What is the best insurance choice?

A
no insurance
B
minimum coverage
C
high deductible only
D
high coverage and lower deductible
24

What is the probability of landing on a green or blue number, or cap p times green or blue ?

A
cap p times blue or green is equal to 1 third
B
cap p times blue or green is equal to 1 fourth
C
cap p times blue or green is equal to 1 over 1
D
cap p times blue or green is equal to 1 half
25

What are the odds in favor of getting a "5” on either or both dice?

A
ratio of 11 to 36
B
ratio of 1 to 6
C
ratio of 11 to 25
D
ratio of 1 to 3

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