21st Century Student FinLit -Getting Personal SW

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Name: _____________________________________________________________________________

_ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ 18. Malin is making a claim on her homeowner’s policy following a robbery at her home. The burglars took off with a lot of loot including jewelry her ex-husband gave her. She decides to “pad” the value by claiming the jewelry was worth $50,000. Her insurance company contacts her ex, who hands over the receipts from the jewelry store showing the jewelry is worth no more than $5,000. This gets Malin into hot insurance water. Can her insurance company deny her claim? _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ 19. Healthcare insurance, homeowner’s insurance, car insurance or life insurance. Whatever the type of insurance, it’s important to _______________ and _______________ your policy d. copy; file 20. As you’ll recall, Gunnar has a terrible ABBA allergy. One day while Eloise is singing along with a Mama Mia rerun, he has a bad allergy attack. He decides to skip his primary care doctor and head straight to a specialist within his plan’s network. Will his PPO cover the costs even though he has no referral from his PCP? _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ PRODUCT PREVIEW and know what’s in it! a. read; understand c. write; renew b. sign; seal

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SCORE: ____ / 25 PTS

THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY 307

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