Insurance #1 quiz

Someone who receives money if an insured person dies

• claim
• beneficiary
• dependent
• employee benefits

The risks covered and amount of money paid for losses under an insurance policy

• emergency savings
• beneficiary
• claim
• coverage

Someone who relies on someone else for income and care

• beneficiary
• claim
• deductible
• dependent

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 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

This term pays for protection against loss of life, property, and finances.

• collision
• premium
• insurance
• deductible

A type of car insurance that covers damage to your OWN motor vehicle is

• collision
• comprehensive
• bodily injury
• uninsured motorist

The amount you MUST pay out of pocket before insurance takes over is called the

• premium
• bonus payout
• term payment
• deductible

Tags

CCSS.7.RP.A.3