Risky Business - Insurance

Risky Business - Insurance

9th - 12th Grade

20 Qs

quiz-placeholder

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Risky Business - Insurance

Risky Business - Insurance

Assessment

Quiz

Life Skills

9th - 12th Grade

Medium

CCSS
7.RP.A.3, HSS.MD.B.6, RI.11-12.5

+5

Standards-aligned

Created by

Nikki Melius

Used 76+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Premium

a policyholder's request for payment for a loss

the amount the policyholder must pay for insurance coverage

the possibility of incurring a loss

the profit made from insurance

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A policyholder is

Another term for an insurance company

The person or company buying the insurance policy

The amount paid for insurance coverage

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The out of pocket cost to the insured when a loss occurs is called...

Premium

Deductible

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

This professional analyzes statistics and uses them to calculate risks and premiums.

Agent

Actuary

Claims Clerk

Underwriter

Tags

CCSS.HSS.MD.B.6

CCSS.HSS.MD.B.7

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Insurance that protects your family against financial loss due to your death is
coinsurance
disability insurance
life insurance
comprehensive insurance

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The person named in a life insurance policy to receive the death benefit is called the
policy holder
beneficiary
recipient
insurance agent

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If you can not work due to a health condition or injury, this type of insurance will pay you a portion of the income you lose.
disability
health
premium
hospitalization

Tags

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

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