Risk Management and Insurance Grade 7

What kind of insurance protects a family's income from the loss of death?

• automobile insurance

• homeowners insurance

• life insurance

• none of the choices

This type of insurance pays for medical expenses:

• homeowners insurance

• life insurance

• health insurance

• none of the choices

This type of insurance pays for the damage caused as a result of a car accident:

• life insurance

• health insurance

• automobile insurance

• none of the choices

The cost of car insurance is also called:

• premiums
• gift carded
• benefits
• components

The contents of your home are covered under a home insurance policy in the event of:

• fire
• theft
• unexpected damage
• all of the above

Some employers offer health insurance to their workers.

• True
• False

What is one way to prepare for unexpected loss?

• hide in your bedroom
• buy insurance
• ride your bike
• not think about it

What kind of insurance protects the contents of your property

• automobile insurance
• homeowner insurance
• life insurance
• none of the choices

If you become too sick or injured to go to work and earn money, which insurance can provide income

• disability insurance
• life insurance
• automobile insurance
• health insurance

Your homeowner's insurance policy covers all of the items in your home.

• true

• false