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Revision

Authored by Sherica Simmonds

Business

9th Grade

Used 1+ times

Revision
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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

Media Image

Insurance that will pay someone you have chosen in the event you die.

long-term care
life
risk
broad collision

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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