Insurance Quiz

Insurance helps you transfer the ________ from your bank account to the insurance company.

• Risk

• Money

• Insurance

• Health

It's wise to have ________ because even if you're a great driver, there are plenty of people who aren't.

• Health insurance

• An SUV

• Liability insurance

• A hefty savings account

This type of home insurance covers the structure of your home.

• Liability coverage

• Homeowner's insurance

• Personal property coverage

• Dwelling insurance

Life insurance guarantees your loved ones get a certain amount of money when you ________.

• Pass away

• Turn 18

• Get injured

• Move out of the house

________ will provide money to replace lost income for years—even up to retirement.

• Short-term disability

• Necessary insurance

• Identity theft protection

• Long-term disability

Renters insurance will cover you and your belongings if there is ever a fire, theft, or vandalism.

• True

• False

Through the Affordable Care Act, you can stay on your parents' health insurance until . . .

• You turn 26 years old

• You turn 18 years old

• You get married

• You move out of the house

The purpose of life insurance is to replace your ________ when you die.

• Legacy

• Health care

• Income

• Life

The amount of money the insurance company agrees to pay for an incident is called ________.

• Co-pay

• Deductible

• Claim

• Coverage

What type of insurance pays for the treatment of injuries and losses to the driver and passengers?

• Collision insurance

• Personal injury protection

• Uninsured motorist protection

• Liability insurance