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Authored by Sherica Simmonds
Business
9th Grade
Used 1+ times

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55 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The amount you must pay on a claim before the insurance company will pay.
Premium
Policy
Loss
Deductible
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A financial product (called an insurance contract or policy) that you buy from an insurance company or organization.
Insurance
Premiums
Stocks
Bonds
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A payment made monthly, twice a year, or yearly, for an insurance policy.
Premium
Copay
Tax
Benefit
4.
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
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A licensed representative who handles the purchase of insurance between the customer and the insurance company.
Business Agent
Insurance Agent
Free Agent
Bond Agent
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Insurance that will pay someone you have chosen in the event you die.
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The amount you must pay on a claim before the insurance company will pay.
Premium
Policy
Loss
Deductible
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