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Insurance Vocab

Authored by Jeannine Perrin

Business

11th Grade

Used 42+ times

Insurance Vocab
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15 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The Company or agency that writes an insurance policy

Insurer

Insured

Policyholder

Underwriter

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What it would cost to replace a piece of property, or rebuild a structure

Comprehensive Coverage

Replacement Cost

Deductible

Premium

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The owner of an insurance policy

Insured

Insurer

Policyholder

Underwriter

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The act or process of colliding; a crash or conflict

Peril

Risk

Collision

Liability

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

An individual, usually but not always the buyer, covered by an insurance policy

Policyholder

Insured

Insurer

Underwriter

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Auto insurance coverage can help to provide medical payment for treatment of bodily injury to yourself.

Medical Payments

Comprehensive Coverage

Bodily Injury Liability

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Insurance designed to pay for the repair or replacement of the policy owner's car in the event of damage not resulting from an accident

Collision

Comprehensive Coverage

Property Damage Liability

No Fault Insurance

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