Clark Investing & Insurance

Clark Investing & Insurance

9th - 12th Grade

47 Qs

quiz-placeholder

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Clark Investing & Insurance

Clark Investing & Insurance

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

Matthew Clark

Used 5+ times

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47 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the main purpose of insurance?

to follow the law

to get weathly

For investment purposes

To reduce risk

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This type of insurance should pay if you severely burn your finger on a toaster and need to go to the hospital

Life

Health

Product

Homeowners

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

This type of insurance should pay for damages if a tree that goes through your roof.

Product

Health

Homeowners

Life

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This is what you have to pay before the insurance company will pay anything

coverage

dues

deductible

policy

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

This is the minimum required by law, only repairs the vehicle you hit, not your own

Liability

Collision

Comprehensive

Deductible

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The owner of an insurance policy

Insured

Insurer

Policyholder

Underwriter

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

A formal request to an insurance company asking for a payment when the policyholder has an accident, illness or injury is called a(n)______.

emergency savings

coverage

claim

employee benefits

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