PF Unit 6 Review
Authored by Megan Luke
Education
12th Grade
Used 4+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the probability that injury, damage, or loss will occur?
Insurance
Risk
Deductible
Premium
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of dealing with the change of a potential personal or financial loss is called what?
Risk
Risk Management
Premium
Deductible
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A way to guarantee your financial protection against various risk is called what?
Deductible
Insurance
Insurance policy
Premium
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A written contract explaining your insurance coverage is called what?
Premium
Insurance Policy
Coverage Limit
Risk
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount you must pay about of your own pocket before insurance kicks in is called what?
Deductible
Premium
Risk
Coverage Limit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money an insurance company charges for insurance coverage is called what?
Deductible
Premium
Risk
Policy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the maximum amount an insurance company will claim if you file a claim called?
Premium
Coverage Limit
Insurance
Deductible
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