Insurance Basics

Insurance Basics

4th - 9th Grade

15 Qs

quiz-placeholder

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Insurance Basics

Insurance Basics

Assessment

Quiz

Business

4th - 9th Grade

Hard

Created by

Cameron Hays

Used 10+ times

FREE Resource

15 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

People take out insurance to minimise ____

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

________ 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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