Insurance Review

Insurance Review

Assessment

Flashcard

Life Skills

11th Grade

Hard

Created by

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25 questions

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1.

FLASHCARD QUESTION

Front

Which of the following are examples of risk management? wearing a seat belt, not texting while driving, shoveling your front sidewalk

Back

all of these

2.

FLASHCARD QUESTION

Front

Why is insurance important?

Back

so you can protect yourself from losing alot of money in the event something happens to you or your property

3.

FLASHCARD QUESTION

Front

Which is TRUE of health insurance? Options: you can only use only the doctors in your state, you might get a lower standard of care if you don't have insurance, you won't be able to go to a hospital without insurance, selecting in-network doctors instead of out-of-network doctors can save you money

Back

selecting in-network doctors instead of out-of-network doctors can save you money

4.

FLASHCARD QUESTION

Front

The policyholder will have to pay a ____________ per incident or loss in an insurance claim.

Back

deductible

5.

FLASHCARD QUESTION

Front

Which of the following will liability insurance cover?
your own medical expenses,
property damage to your car,
either bodily injury or property damage to someone else or their vehicle,
none of these will be covered

Back

either bodily injury or property damage to someone else or their vehicle

6.

FLASHCARD QUESTION

Front

The amount you pay for insurance is called a _____________.

Back

premium

7.

FLASHCARD QUESTION

Front

Risk involves: a chance of loss or injury, unpredictability, uncertainty, all of these are involved with risk

Back

all of these are involved with risk

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