Business Insurance Review

Quiz
•
Business
•
9th - 12th Grade
•
Medium
Melissa Anderson
Used 17+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A formal request made by the insurance policyholder to the insurance company for payment or services covered by the insurance policy.
Claim
Accident
Premium
Coverage
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount you must pay on a claim before the insurance company will pay.
Premium
Policy
Loss
Deductible
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A financial product (called an insurance contract or policy) that you buy from an insurance company or organization.
Insurance
Premiums
Stocks
Bonds
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A contract of insurance
Policy
Premium
Deductible
Claim
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The person to whom an insurance policy is issued.
Agent
Salesman
Broker
Policyholder
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A payment made monthly, twice a year, or yearly, for an insurance policy.
Premium
Copay
Tax
Benefit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Chance or possibility of injury, damage, or loss that someone may want an insurance policy to cover.
Debt
Risk
Premium
Agent
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