Finance- Insurance 2

Finance- Insurance 2

10th - 12th Grade

20 Qs

quiz-placeholder

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Finance- Insurance 2

Finance- Insurance 2

Assessment

Quiz

Business

10th - 12th Grade

Medium

Created by

James Gilman

Used 2+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

With some policies, this is out-of-pocket cost to the insured. (before insurance kicks in)

Revenue

Deductible

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount paid to obtain insurance coverage

closing cost
premium
deductible
assessed value

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The type of insurance that provides protection against financial loss from medical bills is called
health insurance

bond insurance

life insurance
premium

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This optional type of auto insurance covers you for damage or loss to a vehicle from fire, theft, vandalism, or hail

Fire-Theft insurance

bodily insurance
comprehensive
collision

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ pays for protection against certain risks such as loss of life or loss of property

collision

subscription

insurance
deductible

6.

MULTIPLE CHOICE QUESTION

30 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

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A formal request to an insurance company asking for a payment when the policyholder has an accident, illness or injury

emergency savings
coverage
claim
employee benefits

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