
Insurance Quiz
Authored by Kaitlyn Yarger
Professional Development
Professional Development
Used 2+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
75 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is insurance primarily a way of doing?
Predicting future losses
Transferring risk from the insured to the insurer
Providing government coverage
Enforcing federal laws
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of market is most insurance coverage purchased from?
Government insurers
The voluntary market
The residual market
The stock market
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a stock insurer owned by?
Its employees
Its policyholders
Its stockholders
The government
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of insurer is organized under the laws of a state other than the one where it is doing business?
A domestic insurer
A foreign insurer
An alien insurer
A reciprocal insurance company
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are insurers that write policies on risks that admitted insurers cannot called?
Standard insurers
Surplus lines insurers
Government insurers
Fraternal benefit societies
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary source of information for the insurance underwriting process?
The insurance application
The actuarial department
The state department of insurance
The Gramm-Leach-Bliley Act
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who regulates the business of insurance?
The federal government
The state level
The policyholders
The stockholders
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
70 questions
BE 2 AS 44 ( final )
Quiz
•
Professional Development
70 questions
Leadership: Final Exam Review
Quiz
•
Professional Development
77 questions
PLC/HMI/SCADA
Quiz
•
Professional Development
78 questions
DP-900_Simulado_03
Quiz
•
Professional Development
73 questions
HOA Module 1 - Roman Architecture
Quiz
•
Professional Development
70 questions
Employability Skills - 1st Year 396-466
Quiz
•
Professional Development
80 questions
CCNA 2 MOD 10-13
Quiz
•
Professional Development
80 questions
LS Retail
Quiz
•
Professional Development
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
29 questions
Alg. 1 Section 5.1 Coordinate Plane
Quiz
•
9th Grade
22 questions
fractions
Quiz
•
3rd Grade
11 questions
FOREST Effective communication
Lesson
•
KG
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade