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14.2 Insurable Risks

Authored by Mindy Garcie

Business

9th - 12th Grade

Used 1+ times

14.2 Insurable Risks
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6 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An insurance policy states the conditions to which

the insurance company and policy holder have agreed

the insurance company and insurer have agreed

the insurer and the insured have agreed

the policyholder and the insurer have agreed

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Life insurance payments are made to people named in the policy known as_____.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The person who represents an insurance company and sells policies to individuals and business is an insurance _____.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Three major categories of business insurance are

personnel, property, and economic conditions

customers, employees, and vendors

personnel, property, and operations

tech changes, consumer demand, and economic conditions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount a policyholder must pay for insurance coverage is a

claim

premium

deductible

ransom

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person for which the insurance company assumes the risk is called the

insurer

policyholder

insured

claimant

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