Insurance Basics & Auto Insurance
Quiz
•
Business, Education, Professional Development
•
9th Grade - Professional Development
•
Medium
Melissa Anderson
Used 230+ times
FREE Resource
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20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A contract between the insurance company and the insured that states the exact terms including what risks are covered is a(n)?
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The money paid to an insurance company to purchase a policy.
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The out-of-pocket money paid by a policyholder before an insurance company will cover the remaining costs caused by a loss.
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
John's father passed away. What type of insurance will provide his family with financial support?
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Anthony goes to the doctor and receives a prescription for medication to recover from the flu. What type of insurance can be used in this situation?
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A financial product purchased by many people facing a similar risk to protect against the risk of loss.
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A formal request to an insurance company asking for a payment when the policyholder has an accident, illness, or injury is called:
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