Unit 18 - Understand insurance I

A stone hits your windshield. Which type of coverage would likely cover this expense?

• Collision

• Liability

• Comprehensive

• None

A policy is a contract between the

• Policyholder and the injured person

• Driver and the government

• Consumer and the insurance company

• Consumer and the insurance agent

How can you obtain health insurance?

• Buying directly from an insurance agent

• Shopping on the Health Insurance Marketplace

• Signing up at your family doctor's office

• Remaining on your parents' plan if you are under age 30

Which of the following would be covered under a renter's insurance policy?

• Damage to the exterior of the property

• Medical bills of another person who is injured on the property

• Your roommate's personal belongings in the rental unit

• Damage to a detached shed on the property

What information is typically listed on an insurance policy?

• Name of person or property being insured

• Actual Cash Value of the property being insured

• Deductible amounts

• The policy period

The amount paid for insurance is the

• closing cost
• premium
• deductible
• assessed value

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Insurance that protects your family against financial loss due to your death is

• coinsurance
• disability insurance
• life insurance
• comprehensive insurance

The type of insurance that provides protection against financial loss from medical bills is called

• health insurance
• coinsurance
• life insurance
• premium

Tags

CCSS.7.RP.A.3

The person named in a life insurance policy to receive the death benefit is called the

• policy holder
• beneficiary
• recipient
• insurance agent

The type of insurance that covers damage or loss to a vehicle from fire, theft, vandalism, or hail is called

• term life insurance
• bodily insurance
• comprehensive
• collision