Insurance Basics
Authored by Cameron Hays
Business
4th - 9th Grade
Used 10+ times
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15 questions
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1.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
People take out insurance to minimise (a)
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
(a) insurance protects the personal belongings you have in your house should something happen, like theft.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount you have to pay each year to protect your assets with insurance.
Premium
Excess
Sum Insured
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total amount you can claim if something goes wrong.
Premium
Excess
Sum Insured
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount that you have to pay if somethings goes wrong.
Premium
Excess
Sum Insured
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the benefit of having a high excess value?
It increases the premiums that you have to pay.
It reduces the risk of smething going wrong
It reduces the premiums you have to pay each year.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is your car protected with contents insurance?
YES
NO
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