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Insurance

Authored by Cathy Rudd

Other

9th - 12th Grade

Used 139+ times

Insurance
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Insurance can help you:

minimize monthly expenses
protect against unexpected accidents
reduce the chances o fgetting into an accident
cover al lout-­‐of-­‐pocket costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Jan pays $70 each month for her auto insurance policy. This regular payment is called a:

co-­‐pay
deductible
premium
claim

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which of the following scenarios will you been titled to pay the least amount of money out-­‐of-­‐pocket for medical expenses?

You have no insurance.
You have health insurance with a $500 deductible.
You have auto insurance with a $700 deductible.
You have health insurance with a $1,500 deductible.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-­‐of-­‐pocket before your insurance covers your costs?

$200
$500
$700
$900

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You have an insurance policy with the terms listed below. How much should you expect to pay the insurance company each month for coverage?YOUR
INSURANCE PLAN: Premium=$300/month; Deductible=$500

$200
$300
$500
$800

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following typically have the highest insurance premiums.

Young, inexperienced drivers
Older, experienced drivers
Drivers who have with safe driving records
Drivers who travel long distances

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you purchase an item in a store, you may be charged_______.

income tax
capital gains tax
sales tax
property tax

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