Product Knowledge

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1.
10 points
Insurance shifts the risk of big loss from the individual to the insurance company.
2.
10 points
What provides payment for extended nursing care due to accidents, illness and old age?
3.
10 points
What does MBI stand for?
4.
10 points
What percent does a new car lose in value the first year?
5.
10 points
How much is WEOKIE's one time fee for GAP?
6.
10 points
What does GAP stand for?
7.
10 points
Building and emergency fund equal to at least _____ months of expenses will help you to handle smaller unpredicted expenses, such as repairing or replacing the tires on your car.
8.
10 points
MBI is over seen by state agencies.
9.
10 points
A _______ is a formal request to an insurance company asking for a payment based on your insurance policy terms.
10.
10 points
A _______ is the money you pay to an insurance company to purchase your policy.