What does insurance clause include？

A.It refers to cost, investment and freight

B.It refers to cost, insurance and flight

C.It refers to cost, insurance and freight

A．Medical insurance,pension insurance and unemployment insurance

B．Basic medical insurance

C．Civil servant insurance plans and social medical insurance plans

D．30 Baht System

Adequate insurance for you and your family is an essential part of investing.Life, health and property insurance protect you and your loved ones from unforeseen mishaps.It is also wise to make a will so that your assets can be handled smoothly.

Good personal finance management involves investing, managing risk, insurance, understanding and handling debt and credit, knowing the value of time and money and ensuring that your retirement is taken care of.While planning you make an assessment of your present situation in relation to your goals.Managing personal finances becomes a hassle when you get into debt.Debt is what you owe, and can be good and bad.If you have borrowed money to buy property, it is an investment and the money you pay against interest on the loan is tax deductible.But running up debts like overdue credit cards is not good.This is why budgeting is very important so that you know exactly where your money is going.It is very easy to lose track of what you spend without a budget.

There are multiple ways to invest and save for the future.The crux of the matter is to keep in mind your sources of income and account for your expenses, while keeping a budget that is feasible.Periodical review keeps you in control of your personal finance.

1.The word "modest" in Para.1 probably means "____________"？

2.How many ways of finance management does the author mainly mention？

A.3

B.4

C.5

D.2

3.What's the essential part of investing for a family？

A.Sources of income

B.Various expenses

C.Adequate insurance

D.Detailed budget

4.How does the author think of debt？

A.It's completely bad

B.It's both good and bad

C.It's wonderful

D.It's not mentioned

5.What does this passage mainly talk about？

A.How to manage money

B.How to spend money

C.How to invest money

D.How to loan money

More than how much money comes in it's a matter of how you spend it.That's where budgeting comes in.A detailed budget helps you keep tabs on your income.There are many people who are able to live comfortably on what they earn, even if their income is modest.A budget, therefore, keeps track of income and expenses.It will segregate your fixed expenses like your food, stay and insurance and your variable expenses like your travel, entertainment, etc.

Adequate insurance for you and your family is an essential part of investing.Life, health and property insurance protect you and your loved ones from unforeseen mishaps.It is also wise to make a will so that your assets can be handled smoothly.

Good personal finance management involves investing, managing risk, insurance, understanding and handling debt and credit, knowing the value of time and money and ensuring that your retirement is taken care of.While planning you make an assessment of your present situation in relation to your goals.Managing personal finances becomes a hassle when you get into debt.Debt is what you owe, and can be good and bad.If you have borrowed money to buy property, it is an investment and the money you pay against interest on the loan is tax deductible.But running up debts like overdue credit cards is not good.This is why budgeting is very important so that you know exactly where your money is going.It is very easy to lose track of what you spend without a budget.

There are multiple ways to invest and save for the future.The crux of the matter is to keep in mind your sources of income and account for your expenses, while keeping a budget that is feasible.Periodical review keeps you in control of your personal finance.

1.The word "modest" in Para.1 probably means "____________"？

A.Honest

B.Mild

C.Average.

D.Large

2.How many ways of finance management does the author mainly mention？()

A.3

B.4

C.5

D.2

3.What's the essential part of investing for a family？()

A.Sources of income

B.Various expenses

C.Adequate insurance

D.Detailed budget

4.How does the author think of debt？()

A.It's completely bad

B.It's both good and bad

C.It's wonderful

D.It's not mentioned

5.What does this passage mainly talk about？()

A.How to manage money

B.How to spend money

C.How to invest money

D.How to loan money

A.distribution

B.insurance

C.freight

D.tariff

(1)( ) True (2)( ) False

Xiaoyan is reviewing her financial situation and has asked the bank' s accountants for advice. She has a monthly salary , and some shares in the bank. Although a small pension will be paid by her bank , it will not be enough to Iive on comfortably.

Xiaoyan decides to buy a Iife assurance policy, so that she can get more pension income when she retires. This was suggested by the accountants. She must pay in £100 regularly each month, and she cannot get anything back until she is 65 years old. These kinds of assurance policies may give better yields than deposit accounts. Life insurance is also included. If one dies before 65 years old , the policy pays out much more than the investment. A life assurance can provide added security. She thinks it will be a good long-term Investment.

21. Why did Xiaoyan ask the accountants？（）

A. She was worried about her future.

B. She was losing much money.

C. She wanted to have a pension.

22. What was suggested by some accountants？（）

A. Life insurance.

B. Life assurance.

C. Her retirement.

23. How often does she have to pay？（）

A. Until 65 years old.

B. Monthly.

C. Every year.

24. When will she get a pension？（）

A. When she changes jobs.

B. When she stops working.

C. When she is 65 years old.

25. What kind of investment is life assurance？（）

A. Short-term.

B. Low-risk.

C. Long-term.

Questions are based on the following passage．

The ranks of the over 65s grew by 1.4m over the past decade．But old age will not be kind to all of them．One in three will develop dementia （痴呆）， around one in six will end up in a nursing or care home and nearly half will need some forms of care．Few will have laid plans to pay for it．

Knowing the dilemma of elderly voters， the government is moving to change that．Next year it will put ￡ 72，000 on the sum that a person will have to pay towards care．and will raise the means-testing threshold （阀值） from ￡ 23，250 to ￡118，000．

The government had hoped that this reform. would not just relieve elderly nerves but also stimulate an insurance market for end-of-life care．Unfortunately， that is not happening．

Many people continue to assume， wrongly， that the NHS will pay， says Yvonne Braun from the Association of British Insurers．And most are overly optimistic about their health in old age， underestimating （低估） the risks and costs they will suffer．Joan Costa-Font， from the London School of Economics， adds that the idea of care insurance seems to conflict with social values．A kind of familial moral hazard kicks in， as people fear their children will no longer look after them if they are insured．

Care costs are so hard to predict that insurers tend to protect themselves with big insurance expenses， making insurance difficult to afford．The government"s new policy， which was supposed to sort this out， comes with alarming warnings．It does not include the cost of bed and board， which makes up a large amount of care home costs．It is also up to local authorities to determine which care counts towards the policy， meaning people may end up spending more after all．And the policy is higher than the25，000-50，000 recommended to the government by Andrew Dilnot， an economist who reviewed the market．

From next month much will change for retirees， as the government drops the requirement to buy annuities with private pension pots．The government hopes that people will use the new flexibility to plan for their old age， including the possibility that their final years will be spent in a nursing home rather than on the Costa del Sol．

What is the government‘s objective in the reform？ 查看材料

A.To help make plans to pay for care．

B.To ease elderly worries and promote the insurance market．

C.To seek votes from elderly voters．

D.To reduce the costs in a nursing home．

_________

[A] Quebec’s resistance to a national agency is provincialist ideology. One of the first advocates for a national list was a researcher at Laval University. Quebec’s Drug Insurance Fund has seen its costs skyrocket with annual increases from 14.3 per cent to 26.8 per cent!

[B] Or they could read Mr. Kirby’s report: “the substantial buying power of such an agency would strengthen the public prescription-drug insurance plans to negotiate the lowest possible purchase prices from drug companies.”

[C] What does “national” mean？ Roy Romanow and Senator Michael Kirby recommended a federal-provincial body much like the recently created National Health Council.

[D] The problem is simple and stark: health-care costs have been, are, and will continue to increase faster than government revenues.

[E] According to the Canadian Institute for Health Information, prescription drug costs have risen since 1997 at twice the rate of overall health-care spending. Part of the increase comes from drugs being used to replace other kinds of treatments. Part of it arises from new drugs costing more than older kinds. Part of it is higher prices.

[F] So, if the provinces want to run the health-care show, they should prove they can run it, starting with an interprovincial health list that would end duplication, save administrative costs, prevent one province from being played off against another, and bargain for better drug prices.

[G] Of course the pharmaceutical companies will scream. They like divided buyers; they can lobby better that way. They can use the threat of removing jobs from one province to another. They can hope that, if one province includes a drug on its list, the pressure will cause others to include it on theirs. They wouldn’t like a national agency, but self-interest would lead them to deal with it.

________________

[A] Quebec’s resistance to a national agency is provincialist ideology. One of the first advocates for a national list was a researcher at Laval University. Quebec’s Drug Insurance Fund has seen its costs skyrocket with annual increases from 14.3 per cent to 26.8 per cent!

[B] Or they could read Mr. Kirby’s report: “the substantial buying power of such an agency would strengthen the public prescription-drug insurance plans to negotiate the lowest possible purchase prices from drug companies.”

[C] What does “national” mean？ Roy Romanow and Senator Michael Kirby recommended a federal-provincial body much like the recently created National Health Council.

[D] The problem is simple and stark: health-care costs have been, are, and will continue to increase faster than government revenues.

[E] According to the Canadian Institute for Health Information, prescription drug costs have risen since 1997 at twice the rate of overall health-care spending. Part of the increase comes from drugs being used to replace other kinds of treatments. Part of it arises from new drugs costing more than older kinds. Part of it is higher prices.

[F] So, if the provinces want to run the health-care show, they should prove they can run it, starting with an interprovincial health list that would end duplication, save administrative costs, prevent one province from being played off against another, and bargain for better drug prices.

[G] Of course the pharmaceutical companies will scream. They like divided buyers; they can lobby better that way. They can use the threat of removing jobs from one province to another. They can hope that, if one province includes a drug on its list, the pressure will cause others to include it on theirs. They wouldn’t like a national agency, but self-interest would lead them to deal with it.