Learning the Lines (of Insurance!)
Authored by Jaclyn Abbott
Life Skills
9th - 12th Grade
Used 15+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Responsibility to another person for one’s own negligence.
Policy Owner
Adjuster
Liability
Agent
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount paid by a policyholder to an insurance company to obtain or maintain an insurance policy.
Deductible
Quote
Replacement Cost
Premium
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who sells insurance policies.
Agent
Policy Owner
Adjuster
Term life insurance
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The person or party who owns an individual insurance policy. Also called a policyholder.
Agent
Policy Owner
Adjuster
Deductible
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount the insured must pay in a loss before any payment is due from the company.
Replacement Cost
Term life insurance
Deductible
Quote
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The contract issued by the insurance company to the policyholder.
Quote
Term life insurance
Premium
Policy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who investigates and settles insurance claims.
Agent
Policy Owner
Adjuster
Policy
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