
Insurance Terms Quiz
Authored by Patricia Greenstreet
Other
12th Grade
Used 2+ times

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18 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The amount of money you have to pay before your insurance company pays a claim.
The premium
coverage limit
deductible
co-payment
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The amount of money a person or business pays for an insurance policy.
deductible
Coinsurance
co-payment
premium
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The higher your deductible, the higher your premium.
True
False
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The maximum amount of money the insurance will pay for a coverage.
coverage limit
deductible
co-payment
Coinsurance
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
A fixed, predetermined amount you pay for a covered health care service at the time of care. Example: $20 for an office visit.
Coinsurance
co-payment
deductible
the premium
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The percentage of costs of a covered health care service you pay (20%, for example) after you've paid your deductible.
The premium
deductible
co-payment
Coinsurance
7.
MULTIPLE SELECT QUESTION
3 mins • 1 pt
Insurance you must have to cover damage to your vehicle in the event of an accident whether you are at fault or not:
Liability
Comprehensive
Personal Injury Protection
Collision
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