
Chapter 7 - Insurance Shortened Fall 2024
Flashcard
•
Life Skills
•
10th - 12th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
Student preview

17 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Which of the following describes an insurance premium?
Options: amount the insured must pay before the insurance company pays a claim, amount someone pays for insurance coverage, amount insurance company will pay towards a claim, highest, most expensive form of insurance coverage
Back
amount someone pays for insurance coverage
2.
FLASHCARD QUESTION
Front
Which of the following are included in a basic homeowner’s policy?
home or property damage, expenses to live elsewhere, vet costs for injured pets
home or property damage, expenses to live elsewhere, damage to farmland
home or property damage, liability losses (injury), maintenance costs
home or property damage, liability losses (injury), expenses to live elsewhere
Back
home or property damage, liability losses (injury), expenses to live elsewhere
3.
FLASHCARD QUESTION
Front
Which of the following describes a life insurance beneficiary? Options: person who receives the insurance benefits upon the death of the insured, person who purchases the life insurance, insurance company that sells the life insurance, beneficiary is not a real word
Back
person who receives the insurance benefits upon the death of the insured
4.
FLASHCARD QUESTION
Front
Which of the following describes an insurance deductible? Options: amount the insured pays for coverage, amount the insured must pay before insurance company pays a claim, stated limit of insurance coverage imposed by the insurance company , portion of your insurance you may deduct from your taxes
Back
amount the insured must pay before insurance company pays a claim
5.
FLASHCARD QUESTION
Front
People typically get group health insurance through their employers
Back
true
6.
FLASHCARD QUESTION
Front
The only purpose of life insurance is to pay for funeral and burial costs.
Back
false
7.
FLASHCARD QUESTION
Front
Medicaid is for individuals over the age of 65 or some individuals with disabilities
Back
false
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?