
Insurance
Quiz
•
Business
•
•
Practice Problem
•
Easy
Natalie Keller
Used 5+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A financial product purchased by many people facing a similar risk to protect against the risk of larger losses is called:
insurance
emergency savings
policy
premium
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The money paid to purchase an insurance policy is called:
premium
deductible
co-insurance
risk
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The out-of-pocket money paid by the policyholder before an insurance company will cover the remaining costs attributed to the loss is called:
risk
deductible
premium
policy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of insurance provides money to pay for health care
health
disability
long term care
homeowners
automobile
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of insurance provides payment to replace earnings during times when workers cannot work due to illness or injury.
health
disability
long term care
homeowners
automobile
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of insurance provides payment for liability and property insurance on a vehicle.
automobile
homeowners
renters
health
disability
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of insurance provides payment to cover liability losses and damage/loss of home structure and its contents
automobile
homeowners
renters
health
disability
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