Library›Money Sense›One card

A LITTLE SOMETHING WORTH KNOWING

A small discovery. Yours to pass on.

Everyday LifeOne small ahaFinancial concept

This financial arrangement transfers specified risks to an insurer in exchange for a premium.

Think it. Then flip it. ahamoraTap to reveal Back to the cue
Everyday LifeOne small aha
Your new ahaInsurance

A premium is the price paid for insurance coverage. Source: Insurance ↗

ahamoraReference ↗

Keep the thread going

One answer is a beginning.

Share a little curiosity, or follow it into the full collection.

Flip the full deck →

More from Money Sense

A few more worth knowing.

  1. 08These payment cards let users make purchases using a revolving borrowing limit rather than drawing directly on bank deposits.RECALL
    Credit CardsOpen this card ↗
  2. 09This financial term describes money owed by a debtor to a creditor.RECALL
  3. 10This measure of personal finances equals the total value of assets minus total liabilities.RECALL