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Insurance Quiz 2

Authored by Wilkins Joseph

Other

12th Grade

Used 1+ times

Insurance Quiz 2
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of health insurance?

To provide coverage for medical expenses

To protect against losses to a private residence

To gain and use someone else's personal information

To cover expenses and services not on typical policies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where can individuals, families, and small businesses compare health insurance plans?

Health Insurance Marketplace

High-Deductible Health Plan (HDHP)

Homeowners Insurance

Long-Term Care Insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a tax-exempt savings account dedicated to health care costs called?

Health Savings Account (HSA)

Identity Theft

Liability Insurance

Personal Injury Protection (PIP)

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of health plan has a high minimum deductible for medical expenses?

High-Deductible Health Plan (HDHP)

Health Insurance Marketplace

Out-of-Pocket Maximum

Supplemental Insurance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does homeowners insurance protect against?

Losses to a private residence and possessions

Claims resulting from personal injury or property damage

Fraudulently gaining and using personal information

Coverage for destroyed or stolen personal property for a renter

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the act of fraudulently gaining and using someone else's personal information called?

Identity Theft

Health Insurance

Liability Insurance

Renters Insurance

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an arrangement in which an individual receives financial protection or reimbursement of losses from an insurer?

Insurance

Health Savings Account (HSA)

Lifetime Limit

Term Life Insurance

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