Insurance Vocab Quiz
Authored by Larry Helmick
Business
11th Grade
Used 15+ times
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42 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The Company or agency that writes an insurance policy
Insurer
Insured
Policyholder
Underwriter
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What it would cost to replace a piece of property, or rebuild a structure
Comprehensive Coverage
Replacement Cost
Deductible
Premium
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The owner of an insurance policy
Insured
Insurer
Policyholder
Underwriter
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An individual, usually but not always the buyer, covered by an insurance policy
Policyholder
Insured
Insurer
Underwriter
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Insurance designed to pay for the repair or replacement of the policy owner's car in the event of damage not resulting from an accident
Collision
Comprehensive Coverage
Property Damage Liability
No Fault Insurance
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Protection against a specific kind of loss
Deductible
Coverage
Premium
Risk
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A contract written to protect individuals named in the policy against specific future losses
Premium
Insurance Policy
Deductible
Coverage
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