The amount you must pay on a claim before the insurance company will pay.
Insurance

Quiz
•
Other
•
9th Grade
•
Medium
Mallory Fowler
Used 103+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Premium
Policy
Loss
Deductible
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A payment made monthly, twice a year, or yearly, for an insurance policy.
Premium
Copay
Tax
Benefit
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The amount of money an insurance policy holder must pay on a claim before the insurance company begins to pay. The higher this is, will usually result in a lower premium.
Premium
Claim
Deductible
Policy
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A set dollar amount you agree to pay each time you receive medical treatment, while the insurance company agrees to cover the rest
Copay
Claim
Premium
Deductable
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Joe feels like he is having a heart attack (chest pain, trouble breathing, and sweating). How much would his co-pay be?
$300
$30
$25
$150
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