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Insurance Test - Retake

Authored by Cindy Duffy

Life Skills

10th - 12th Grade

CCSS covered

Used 14+ times

Insurance Test - Retake
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18 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the main purpose of disability insurance?

To provide replacement income if you have an accident or illness and can't work
To cover your medical expenses if you have a accident or illness and can't work
To provide your family with income when you retire
To provide replacement income and cover all of your medical expenses if you have an accident or illness and can't work

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

A person trained in the mathematics of insurance who determines the mathematical probability of loss.

Insurance agent
Underwriter
Lawyer
Actuary

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you have 2 speeding tickets in a 3 month period, your insurance will.....

cost less
cost more
tickets don't effect the cost

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What protects you and your vehicle if you get into an accident and it's your fault? 

comprehensive
collision
personal injury
health insurance 

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

coinsurance
disability insurance
life insurance
comprehensive insurance

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

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