Jumpstart Your Finances Quiz 5:
Check Your Understanding: Protection
Check Your Understanding: Protection
How did you do? You answered [WLQuiz_Total_Correct_Answers name=Check Your Understanding: Protecti id=4] out of [WLQuiz_Total_Questions name=Check Your Understanding: Protecti id=4] questions correctly. See the correct answers to each question below:
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1) When do you need life insurance?
Correct Answer:When you have someone – a spouse, children, elderly parents – who is dependent on your income.
2) Who needs long-term care insurance?
Correct Answer: People who have assets of between $500,000 and $3 million, not including their home.
3) What is a healthcare proxy?
Correct Answer: A legal document that designates someone to make healthcare decisions on your behalf
Proceed to Next Lecture
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SECTION 1: Getting Started
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SECTION 2: The Right Track
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Lesson 3: Saving4:23
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Check Your Understanding:
Saving
3 questions -
Check Your Understanding:
Debt and Credit
3 questions
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SECTION 3: Planning for the Future
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Check Your Understanding:
Retirement
2 questions -
Check Your Understanding:
Protection
2 questions
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SECTION 4: Going Forward