Insurance

Which term is given to the amount of money that a policyholder pays before the insurance company will pay the rest.

• Premium

• Deductible

• Primary payment

• Whole payment

Which term is given to the amount someone pays to have insurance coverage.

• Premium

• Deductible

• Co-Payment

• Whole payment

Which term is given to the formal request made to an insurance company for compensation for a covered loss

• Filing a claim

• Filing a benefit

• Filing a Co-Payment

• Filing a deductible

How does premium impact deductible?

• The higher the premium the higher the deductible

• The lower the premium the higher the deductible

• The lower the premium the lower the deductible

• There is no correlation between premium & deductible

Which term is given to the contract that explains terms and conditions of what insurance is provided to a customer.

• Insurance fraud

• Insurance Premium

• Insurance Deductible

• Insurance Policy

Which type of insurance is typically the most expensive to have?

• Renters

• Life

• Health

Which type of insurance would increase because you are male?

• Renters

• Life

• Disability

Who pays a deductible?

• The insurance provider

• The company you work for

• The person who has the insurance policy

Which type of insurance will pay a portion of your income while you can't work because you are sick or injured?

• Renters insurance

• Disability Insurance

• Life Insurance

• Homeowners Insurance

Which type of insurance is required to have in Wisconsin?

• Renters insurance

• Car Insurance

• Life Insurance

• Disability Insurance