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Check Your Understanding: Protection

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Check Your Understanding: Protection

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1.

When should your term life insurance expire?

When you retire.

When you die.

When you are no longer supporting someone else with your income.

2.

Who needs long-term care insurance?

No one.

Anyone who wants to leave an inheritance to their heirs.

People who have assets of between $500,000 and $3 million, not including their home.

3.

When might you need two living wills?

If you have too many instructions to share in one document.

If you have separate instructions depending on your medical issue.

If you split time living between two states, as there is sometimes a separate form for each state.

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Time's up

SECTION 1: Getting Started
- Lesson 1: Welcome to Jumpstart Your Finances2:47
- Lesson 2: Budgeting6:28
- Check Your Understanding:
  Budgeting3 questions
SECTION 2: The Right Track
- Lesson 3: Saving4:23
- Check Your Understanding:
  Saving
  3 questions
- Lesson 4: Debt and Credit4:29
- Check Your Understanding:
  Debt and Credit
  3 questions
SECTION 3: Planning for the Future
- Lesson 5: Retirement7:05
- Check Your Understanding:
  Retirement
  2 questions
- Lesson 6: Protection4:19
- Check Your Understanding:
  Protection
  3 questions

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