Insurance Quiz

A specialist in insurance calculations and statistics.

• Actuary
• Insurance Agent
• Financial Manager
• Statistician

A written insurance contract.

• Agreement
• Claim
• Deductible
• Policy

A method of spreading individual risk among a large group of people to protect against financial loss.

• Deductible
• Insurance
• Peril
• Risk

Insurance that pays for YOUR injuries when the other driver is legally responsible but is unable to pay due to low insurance limits.

• Comprehensive
• Personal injury liability
• Underinsured
• Uninsured

The chance of financial loss from perils to people or property due to an unexpected occurrence.

• Bodily injury liability
• Claim
• Premium
• Risk

The specified amount of a loss that a policyholder pays before the insurer is obligated to pay anything.

• Claim
• Deductible
• Fee
• Premium

Insurance that protects YOUR car against damages from accidents or overturning.

• Collision
• Comprehensive
• Personal bodily injury
• Property damage

The fee for the insurance policy paid monthly, annually, etc.

• Claim
• Deductible
• Policy
• Premium

Specified losses that an insurance policy does not cover.

• Beneficiary
• Exclusions
• Indemnification
• Umbrella policy

A policyholder’s request for reimbursement for a loss under the terms of an insurance policy.

• Claim
• Deductible
• Policy
• Premium