chapter010 homeand automobile insurance（chapter010汽车保险都）.docVIP

True / False Questions? 1.?(p.?309)?The purpose of insurance is to help protect you and your family against financial hardship due to hazard, accident, death, and similar risks.? TRUE 2.?(p.?310)?Personal risks, property risks, and liability risks are types of speculative risks. ?FALSE 3.?(p.?310)?The most common method of dealing with risk is to shift, or transfer it to an insurance company or some other organization.?TRUE 4.?(p.?311)?Self-insurance is the process of establishing a monetary fund that can be used to cover the cost of a loss.? TRUE 5?.?(p.?316)?Homeowners insurance refers t